Trisha looks at the costs of the Help to Buy: Equity Loan scheme in England to help you work out if you can afford to buy a home with the scheme.
With this scheme the Government lends you up to 20% of the cost of your newbuild home, so you’ll only need a 5% cash deposit and a 75% mortgage to make up the rest. #OwnYourHome
For more information visit: http://www.helptobuy.gov.uk/equitylo...
To find out about other governmentbacked homebuying schemes, visit: https://www.ownyourhome.gov.uk/