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Government Scheme: Help To Buy

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Government schemes

Help to Buy: equity loan scheme - Buying a new build with a 5% deposit

Lloyds Bank is supporting the Government’s Help to Buy: equity loan scheme.

This scheme aims to help both first time buyers and home-movers who have deposits of at least 5% to buy a new build home through offering a shared equity scheme. In England and Wales the Government lends up to 40% of the value of the property in Greater London, or up to 20% of the value of the property outside of Greater London. In Scotland the Government lends up to 15% of the value of the property.

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Help to Buy: ISA

The Help to Buy: ISA is no longer available for new applications.

If you already have a Help to Buy: ISA, you can still save and claim the Government 25% bonus (minimum bonus £400 and maximum £3,000).

Customers who have a Help to Buy: ISA with another bank or building society can still transfer it to us.

For more details about your Help to Buy: ISA and to discuss your mortgage needs you can:

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE