Help to Buy equity loan

GPTKB entity

Statements (26)
Predicate Object
gptkbp:instanceOf gptkb:government_agency
gptkbp:administeredBy gptkb:Homes_England
gptkbp:appliesTo new-build properties
gptkbp:compatibleWith gptkb:Northern_Ireland
gptkb:Scotland
gptkb:Wales
gptkbp:country gptkb:United_Kingdom
gptkbp:depositRequired minimum 5% of property price
gptkbp:eligibility first-time buyers only (from 2021)
gptkbp:endDate March 2023
gptkbp:firstReleased 2013
https://www.w3.org/2000/01/rdf-schema#label Help to Buy equity loan
gptkbp:interestRateAfter5Years 1.75% per annum
gptkbp:introduced gptkb:UK_Government
gptkbp:maximumLoanPercentage 20%
40% (London)
gptkbp:maximumPropertyPrice regional price caps apply
gptkbp:purpose assist first-time buyers
help people buy new-build homes
gptkbp:region gptkb:England
gptkbp:repaymentCondition loan repaid when home is sold or mortgage is paid off
gptkbp:repaymentType interest-free for 5 years
gptkbp:replacedBy no direct replacement after 2023
gptkbp:type equity loan
gptkbp:bfsParent gptkb:Help_to_Buy_ISA
gptkbp:bfsLayer 8