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Vitthub
Glossary term

Help to Buy

UK first-home equity loan scheme

🇬🇧UK · Tax Year 2026/27Reviewed Plain-English
Definition

What is Help to Buy?

Help to Buy was a UK government equity loan for new-build homes: 20% (40% London) interest-free for 5 years. Closed to new applications in 2023 but existing loans still active. Successor schemes: Mortgage Guarantee, First Homes, Shared Ownership.

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