Help to Buy: Equity Loan – frequently asked questions

Scheme set-up and management

  • Who provides the loan contribution for Help to Buy?

  • Who manages the Help to Buy: Equity Loan application process?

  • Who is the Help to Buy: Equity Loan administrator?

Equity loan scheme rules and restrictions

  • Is Help to Buy: Equity Loan just on new-builds?

  • I would like to buy a house that is leasehold, through Help to Buy: Equity Loan. Should I stop my purchase?

  • Can I sublet a home purchased through Help to Buy: Equity Loan?

  • Can I extend or alter my property purchased using a Help to Buy: Equity Loan?

  • Will Help to Buy: Equity Loan be extended?

  • Can I transfer my mortgage to another lender?

  • After purchasing my home, can I increase my mortgage or take out another equity loan?

  • Can names be added or changed on a property which is purchased though Help to Buy: Equity Loan?

  • What happens if my partner moves out and no longer wants to be part of the equity loan agreement?

Managing your finances

The home-buying process with Help to Buy: Equity Loan

  • Can I buy a home off plan?

  • Can I use a builder’s part exchange scheme?

  • How long will it take before I can move in?

  • What happens if the completion of my home, purchased through an equity loan, is delayed?