What is Help to Buy?
The Government's Help to Buy Equity Loan initiative in Thamesmead 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 Thamesmead - Who is the local agent?
Get information about which properties you can buy using the Help to Buy Equity Loan scheme in Thamesmead by contacting your local Help to Buy agent. Get their contact details by enquiring to the Greenwich Borough Council, Wellington St, London, Woolwich SE18 6HQ, telephone 0208 854 8888.