Help to Buy South has helped hundreds of people to purchase or rent their new home.  Here are just a few of the success stories:

"Help to Buy was hassle-free!"

Previous government-backed schemes have typically been open to eligible first time buyers, but what about a large number of the population living in accommodation no longer suitable for their family size, or those wanting to move to a new area but can't afford to do so?

The Help to Buy Equity Loan is open to this audience of potential buyers, as long as they sell their existing property first, enabling them to move along or up the property ladder.

Louise Uphill, 29, had her home on the market and due to relocating to Hampshire, had temporarily moved back in with her parents whilst the sale went through.

"I was looking to try and buy a home here but I didn't think I could afford to do it on my own. I'd visited Bellway Homes' marketing suite at Sirocco Park in Eastleigh to find out about the houses there and that's when I spotted the leaflet about the Help to Buy Equity Loan scheme," explains Louise.

The scheme is a government backed equity loan scheme available to help first and next time buyers take a step onto, or move up the property ladder. The scheme is offered to assist the purchase of selected new build homes, with the support of an equity loan up to 20% of the value of the home.

"I was really surprised to find out that, with the scheme, I could afford to buy a 3 bedroom house. It's just me and my dog, Hurley, at the moment, but it's a really great place I can stay in for the long-term, and knowing that its affordable too is even better."

Louise explains how her mortgage broker liaised with HomesinHants, the Help to Buy Agent for Hampshire & Isle of Wight who administer the scheme, and her mortgage lender which made the whole process "hassle-free, quick and painless".

Louise was able to put down a 5% deposit and now pays just £700 per month on her mortgage. Knowing that the equity loan is interest free for 5 years has also given her the stability she wanted when being a home owner.

"I've recommended the scheme to everyone I know! I've worked really hard to get where I am and I'm so proud of my new home; being the envy of all my friends is worth it!"