Key Feature

Help to Buy is the brand new Government Scheme which was launched in the recent budget, designed to help people purchase a new property with just 5% deposit by way of an equity loan of up to 20%.

• Help to Buy is available to all new homebuyers, not just first time buyers
• You may only need a minimum of 5% deposit to qualify
• The Government will lend you up to 20% of the value of your property through an equity loan, which can be repaid at any time or on the sale of your new home
• The equity loan is interest free for the first 5 years
• You will only need to secure upto a 75% mortgage from a bank or building society

Can I use this scheme if I have a house to sell?

Part exchange is not available under Help to Buy.

We can however use Help to Buy on our Assisted move scheme which may allow you to reserve a new home, but you will only be able to progress your application once your current property is sold.

Under the Assisted move scheme M&N Homes will arrange to have your property valued, in addition we will manage the sale process and pay your Estate Agent fees! * Terms and conditions apply

Who can take part in the scheme?

It is open to all buyers seeking a new build home

Help to Buy is not available to assist buy-to-let investor

You cannot rent out your existing home and buy a second home through Help to Buy

What do I do next?

Please contact our friendly Sales Executives and they can arrange to show you around the development and discuss the ways in which we can help you move home. We can also put you in touch with a recommended independent Financial Advisor who will guide you through the Help to Buy application process.

For more FAQ’s please click here