Help to Buy — pricing factors (UK)
What lenders weigh when pricing help to buy cases — not live quotes. Use our calculators and speak to an FCA-authorised broker for firm-specific numbers.
Mortgage118 does not publish indicative rate bands. Lender pricing changes daily and depends on your profile.
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What lenders look at
These factors shape whether a help to buy case is accepted and how it is priced. They are not a quote.
- First-time buyer status
- UK resident and over 18
- Able to afford mortgage payments
- Maximum household income limits
- No other property ownership
- New build property only
For indicative numbers, use our mortgage calculators and compare brokers who specialise in help to buy.
What moves your rate up or down
These are the strongest factors lenders weigh when setting pricing.
- Government equity loan up to 20% (40% in London)
- 5% deposit requirement
- Interest-free for first 5 years
- Available for new build properties
- First-time buyer eligibility
Fee breakdown
Common charges to plan for alongside the headline rate.
Arrangement Fee
Lender product fee
£0 - £1,999
often added to loan
Valuation Fee
Property survey
£0 - £1,500
sometimes free with lender
Legal Fees
Conveyancing costs
£800 - £1,500
plus disbursements
Broker Fee
Advice and arrangement
£0 - £500
some brokers are fee-free
Rate FAQs
Quick answers to common pricing questions.
What is the Help to Buy equity loan scheme?+
The Help to Buy equity loan is a government scheme that provides an equity loan of up to 20% (40% in London) of the property value, allowing you to buy with just a 5% deposit. The loan is interest-free for the first 5 years.
How does the equity loan work?+
The government provides an equity loan that you don't pay interest on for the first 5 years. After 5 years, you pay interest at 1.75% per year, increasing annually by inflation. You can repay the loan at any time.
Can I repay the equity loan early?+
Yes, you can repay the equity loan at any time, either in full or in part (minimum 10% of the property's current value). Early repayment can help reduce your overall costs.
What are the fees for Help to Buy?+
Help to Buy fees include a £1 reservation fee, legal fees, and mortgage arrangement fees. There are no fees for the equity loan itself, though you'll pay interest after 5 years.
Can I get Help to Buy if I have adverse credit?+
Some lenders may consider Help to Buy applications for borrowers with minor credit issues, though the criteria may be stricter. You'll need to demonstrate that you can afford the mortgage payments.