What is Help to Buy?
The Government’s Help to Buy Equity Loan initiative in Brent allows eligible people to buy properties with as little as a 5% deposit. The maximum purchase price of any property you buy is £600,000.
The Government provides you with a loan of up to 20% of the property's purchase price and you have to secure a mortgage for the remaining 75%.
For properties in the London area, the London Help to Buy scheme operates. It is broadly the same as the Help to Buy Equity Loan, except the Government provides a loan of up to 40% of the purchase price, to reflect the higher property prices in London, so a mortgage must be secured for the remaining 55% of the purchase price.
Help to Buy Brent - Who is the local agent?
Properties which can be bought using the Help to Buy Equity Loan scheme in Brent can be found out about by contacting your local Help to Buy agent. Get their contact details by enquiring to the London Borough of Brent Council, Brent Civic Centre, Engineers Way, Wembley, London HA9 0FJ, telephone 020 8937 1234.