What is Help to Buy?
The Government’s Help to Buy Equity Loan initiative in Greenwich 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 Greenwich - Who is the local agent?
Get information about properties available in Greenwich that you might look to buying under the Equity Loan Scheme by contacting your local Help to Buy agent. Get their contact details by enquiring to the Royal Borough of Greenwich Council, The Woolwich Centre Wellington Street Woolwich SE18 6HQ, telephone 020 8854 8888.