Guidance

Help to Buy: Equity Loan homebuyers' guide

Information on how the equity loan works and the application process.

Applies to England

Documents

Homebuyers' guide to Help to Buy: Equity Loan (2021-2023)

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Homebuyers' guide to the Help to Buy: Equity Loan (2013 to 2021)

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Details

Applications for Help to Buy: Equity Loan 2021-2023 closed on 31 October 2022.

Our guide to purchasing a new build home in England using the Help to Buy: Equity Loan scheme covers:

  • how the scheme works
  • eligibility criteria
  • what is involved in taking out an equity loan
  • how to apply

Please complete a short survey to help us improve the contents of the Homebuyers’ guide for future homebuyers.

You can also read guidance on managing a Help to Buy: Equity Loan.

Published 24 June 2020
Last updated 18 November 2022 + show all updates
  1. New information about the close of Help to Buy: Equity Loan to new applications

  2. Information added about the Help to Buy equity loan application process, relating to the scheme ending in March 2023.

  3. Additional information about the closure of Help to Buy applications added to the Homebuyer frequently asked questions.

  4. Addition of key dates for Help to Buy: Equity Loan (2021-2023)

  5. Added in further details for Homebuyers regarding their cancellation rights.

  6. Homebuyers applying for Help to Buy: Equity Loan (2021-2023) can visit our 'frequently asked questions' for information about the end of the scheme.

  7. Updated the 'understanding your interest payments' section in the 'Homebuyers' guide to Help to Buy: Equity Loan (2021 to 2023)' to provide additional calculation guidance.

  8. Added a link to guidance on managing a Help to Buy: Equity Loan.

  9. Added a link to the Office for National Statistics current edition dataset to show how interest is worked out.

  10. Added 'Homebuyers' guide to the Help to Buy: Equity Loan (2013 to 2021)' accessible version

  11. Accessible version of homebuyers' guide added.

  12. Added a link to the homebuyers guide survey

  13. Updated to include the closing dates and opening dates for applications for the current and new Help to Buy schemes

  14. updated to include 2021-2023 scheme information

  15. change buyer to homebuyer

  16. First published.