Use Help to Buy (London) to move to your CALA home

Help to Buy (London) is a scheme aimed at first-time buyers looking to move onto the property ladder in the capital.

So long as you can raise a 5% deposit, the Government will provide an equity loan of up to 40% of the property value – that's double the 20% offered under Help to Buy in England and is designed to reflect higher property prices in the capital.

Help to Buy (London) is available to first-time-buyers on new-builds worth up to £600,000. The scheme is scheduled to close in March 2023. 

Help to Buy will be available on applicable homes at our Langley Court development in Beckenham.

Equity Loan Assistance from the Government

How does Help to Buy work?

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

Help to Buy (London) calculator

Use the calculator below to find out how you could move into your CALA home with London.

(up to £600,000)

Min £100K
Max £600K

(Minimum 5% of the house value required)

Min 5%
Max 60%

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Min 10%
Max 40%

Your results

To purchase a home valued at:
And with a % deposit value of:
You would need to secure a mortgage of:
To be eligible for a Government loan of:

Please note that this tool is for information purposes only and does not represent professional financial advice. Our sales team will be able to provide tailored information if you would like to find out more about our help to buy scheme.

See the full terms and conditions for the scheme below.

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. Help to Buy cannot be used in conjunction with part exchange.

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 Homes England 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