Use Help to Buy (England) to Move to your CALA Home

Open for applications from 16 December 2020 for legal completions from 1 April 2021

Help to Buy is an equity loan from the Government, enabling first time buyers to obtain a mortgage of between 75% and 85% with as low as a 5% deposit. Interest free for the first five years, you can repay the loan at any time without penalty, or when you sell your home.

Help to Buy is available to first time buyers on new-builds worth up to a maximum price that differs region to region.

Equity Loan Assistance from the Government

How does Help to Buy Work?

With the help of Home England's Help to Buy Equity Loan Assistance Scheme, you could soon be able to own your dream CALA home.

Regional Help to Buy Price Calculators

How much could you benefit from Help to Buy (England)?

5.2% APR TYPICAL. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

Terms & Conditions

Security over your home is required. 

Availability of other incentives/offers subject to lender's criteria and CALA’s discretion.

For the first five years there is no interest charged on the equity loan component. At the start of year six a fee of 1.75% is payable on the equity loan, which rises annually by RPI inflation plus 1%. The equity loan is provided by the Homes and Communities Agency and held as a second charge. 

Your mortgage lender’s deposit requirements may vary, but you should usually expect to contribute a deposit of at least 5% of the purchase price.

Available on selected properties, and subject to the Government’s specific terms, conditions and qualifying criteria.

CHECK THAT THIS MORTGAGE WILL MEET YOUR NEEDS IF YOU WANT TO MOVE OR SELL YOUR HOME OR YOU WANT YOUR FAMILY TO INHERIT IT. IF YOU ARE IN ANY DOUBT SEEK INDEPENDENT ADVICE.

CALA Homes