Help to Buy Scheme

How does the Help to Buy Scheme work?

Now is an ideal opportunity for First Time Buyers to get onto the property ladder using the Government backed Help to Buy Scheme. Buy your Cyden Home with only 5% deposit.

  • You only need 5% deposit*
  • Up to 20% equity loan, interest free for 5 years
  • Secure up to a 75% mortgage through our New Home Mortgage Advisor

You will need to act fast though as the scheme is now coming to an end. Applications must be submitted no later than Monday 31St October 2022.

* The Help To Buy Scheme is a Government backed loan and not a discount, incentive or promotion. Homebuyers using a HTB: Equity Loan will need to pay interest after 5 years. The equity loan will need to be paid back when your home is sold, the mortgage paid off or you reach the end of the equity loan term. Homebuyers can repay the equity loan in full or part at any time prior to these events.

Help To Buy is subject to eligibility, terms and conditions.

Help To Buy: Backed By HM Government.

Find your Help To Buy agent at:


Who can use the Help to Buy Scheme?

To be eligible for the Help to Buy Equity Loan Scheme you must be a first time buyer. You, and anyone else buying the home with you, must not have owned a home, or residential land in the UK or abroad before.

If you are married, or in a civil partnership, you must make a joint application, for both the Help to Buy, and your mortgage.

If you are cohabiting with your partner and you plan on continuing to live together, you must also make a joint application.

You should always check with your legal advisor or financial advisor for full details on this scheme and to confirm your eligibility.

How long will the Scheme run for?

The Help to Buy: Equity Scheme for First Time Buyers will end in March 2023. All applications must be submitted no later than 31St October 2022. After this date you will not be able to use the scheme to purchase a home.

What are the Regional Property Price Caps?

There is a maximum property purchase price limit depending on which region you are looking to purchase your new home in.

Yorkshire and the Humber – £228,100
East Midlands (Lincolnshire) – £261,900