Help to Buy
The Government introduced Help to Buy in 2013 to assist more first-timer buyers in purchasing their very first home. Those with a deposit as low as 5% can use the scheme to take their first step on the housing ladder. At present, the scheme only applies to brand new homes, meaning those buying a resale property do not benefit. As a housebuilder registered for the scheme, Kingerlee Homes is pleased to offer Help to Buy across its development portfolio.
Help to Buy has had a recent revamp. Revised rules were introduced on 1st April 2021 and the scheme will run in its current form until March 2023. A new aspect of the current Help to Buy initiative is a range of regional property price limits, ranging from £186,100 in the North East to £600,000 in London.