You can use the Help to Buy Equity Loan scheme alongside your Generation Home mortgage, however you must first apply to the Help to Buy scheme.

You can find a step by step guide on how to apply for the scheme here, including the eligibility rules. This includes contacting your local Help to Buy agent. You can find details on how to find a Help to Buy agent here.

Once accepted, Help to Buy will issue you with an Authority to Proceed document. We ask to see this document to continue the application process with us.

Here are some things to consider when applying for the Help to Buy scheme.

-You are unable to use income and deposit boosters if you plan to use the Help to Buy equity loan scheme.

-You are required to contribute at least 5% cash deposit.

-Speak with your mortgage expert on any new build incentives to see if this is acceptable.

For more information on the Help to Buy Equity Loan scheme, click here.

If you have any other questions, do reach out to us via email or live chat.

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