Help to Buy Support

Think about when to repay your equity loan Help to Buy: Equity Loan helped people to get onto the housing ladder by funding a percentage of the purchase price which was secured against their home. During the term of the equity loan, you pay management fees and interest on the amount you borrowed. Interest payments do not go towards repaying the equity loan. The longer you keep the equity loan the more it could cost you!

The amount you repay is based on the current market value of your home at the time you choose to repay and the percentage you choose to repay.

You cannot make regular monthly payments towards repaying the equity loan. However, you can repay it in full, or make part payments from 10% of the current market value of your home, at any time. 

Olivia Thomas Estates is here to help you navigate paying back your Help to Buy Equity Loan