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You can buy a home up to and including the maximum property purchase price limit. arrange a repayment mortgage of at least 25% of the property purchase price You can then borrow an equity loan to cover from 5% and up to 20% of the property purchase price of your newly built home. If the property is in London, you can borrow up to 40%.What is help to buy London?
Help to Buy London – a subsidiary of the broader Help to Buy scheme available in England and Wales – was designed to help first-time buyers buy a new-build property in London. Those with a 5% deposit and could borrow up to a further 40% of the property purchase price via an equity loan from the government.What is the homes for Londoners property search tool?
The Homes for Londoners property search tool is a new way to find a home to buy or rent in the capital. You can use it to find a range of Shared Ownership, Help to Buy and Rental homes in London. Register to receive updates, check your eligibility and book open day viewings..Why should you buy UK property?
As the hub for the UK’s economy, politics and culture, London attracts a great deal of Brits and foreigners, despite high costs of living and higher than average housing prices than the rest of the UK. Buying UK property is likely to be one of the biggest investments of your life.