Help to Buy

Need to repay your Help to Buy Equity Loan?

Repaying your Help to Buy Equity Loan is an exciting step towards owning your property outright.

With an Equity Loan, you were able to borrow up to 20% of the value of your home (40% if you live in London), which was interest-free for the first 5 years from completion.

From year 6 onwards, interest kicks in at 1.75%, rising each year by RPI + 1% — so the sooner you repay, the more you save.

There are two main ways to repay:

Staircasing — repay in chunks of at least 10% of your property's current market value (not the original loan amount). You can do this from year 1 onwards.

Full repayment — pay back the full loan when you sell your home, when your mortgage term ends, or at any point you choose to clear it early.

Both options require an independent Valuation Report, because the amount you repay is calculated as a percentage of your home's current market value at the time of repayment.

That's where we come in. Contact us today to discuss your plans and take the first steps towards settling your equity loan.