At JW Nest, we want everyone to have the opportunity to own a brand new home, so we offer a Help to Buy scheme for first-time buyers. With a low deposits of 5% and a government-backed Help to Buy scheme, many people can get on the property ladder sooner than they think.
- You need a 5% deposit
- The government will lend you 20% of the property value, interest-free for 5 years
- You only need to secure a mortgage for 75% of the property value
The home value is capped based on where in England you live:
- North East: £186,100
- North West: £224,400
- Yorkshire and the Humber: £228,100
- East Midlands: £261,900
- West Midlands: £255,600
- East of England: £407,400
- London: £600,000
- South East: £437,600
- South West: £349,000
Let us put you in touch with an independent mortgage advisor to help you find the best deal.