What is Help to Buy?
The Government’s Help to Buy Equity Loan initiative in Northwood 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 Northwood - Who is the local agent?
Information about the properties you can buy using the Help to Buy Equity Loan scheme in Northwood can be found by contacting your local Help to Buy agent. Their contact details can be secured by enquiring to the London Borough of Hillingdon, Civic Centre, High St, Uxbridge, Middlesex UB8 1UW, telephone 01895 250111.