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:

"Learning that we could buy our own home with a 5% deposit sounded perfect for us"

Privately renting is often the only option for many people when they move out of home, but long term, lots of hopeful first time buyers would much prefer to be paying their own mortgage, rather than someone else's.

And that was exactly the case for Chris Leigh, from Andover.

"My partner, Gordon, and I were renting, but after getting together a small deposit, we decided to look in to ways of getting on the property ladder for ourselves" explains Chris. "We visited the sales office at Picket Twenty, Andover, to see what homes would be in our price range and that's when we were told about the Help to Buy Equity Loan scheme."

Help to Buy Equity Loan is a government backed 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.

"Learning that we could buy our own home with a 5% deposit sounded perfect for us," says Chris.

After completing the required financial assessment, Chris was delighted that he could purchase a one bedroom coach house at the new development, just round the corner from where he works as a Station Enquiry Officer for Hampshire Police.

"We reserved the home off-plan so had to wait a few months before being able to move in, but that just made it more exciting! As a first time buyer the paperwork was a bit daunting but we had it all explained to us every step of the way."

Chris and Gordon now pay just £500 a month to own their own home, and they only needed a deposit of £6,600; far more achievable than the potentially tens of thousands of pounds needed to step on the property ladder without the Help to Buy Equity Loan scheme.

The couple are now looking to the future in their brand new home.

"Now we have all of our personal belongings around us, the place seems much bigger! If it wasn't for the scheme, we would not have been able to buy our own home. It's been a great opportunity for us."