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Residential Property

Right to Buy & Help to Buy

There are various Government schemes and initiatives designed to assist those with limited resources wishing to purchase a home of their own.  We provide advice and expertise for those wishing to purchase under either the Right to Buy scheme or the Help to Buy scheme.

There are various Government schemes and initiatives designed to assist those with limited resources wishing to purchase a home of their own. We provide advice and expertise for those wishing to purchase under either the Right to Buy scheme or the Help to Buy scheme.

Right to Buy

This scheme is for council and Housing Association tenants. Once you have made an offer to purchase under the Right to Buy Scheme contact us for expert assistance on how to proceed. We know this a big step for those currently renting their property so our advisers will provide both practical advice and reassurance.

Help to Buy

The Government Help to Buy scheme is designed to help those buyers who can afford only a small deposit – either for their first home or to move to another home. Launched in April 2013, this scheme is for newly built properties only and requires the buyer to have a 5% deposit. The buyer can then borrow up to 20% (or up to 40% in London) from the Government as an interest free loan for the first five years. The balance is made up of a mortgage. After five years, interest is payable on the Government loan on top of the existing mortgage repayments. Repayment of the loan is required when the property is sold or at the end of the mortgage period.
The Scheme is available for properties selling for up to £600,000 and the property must be the buyer’s only residence.