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:

It's an unbelievable feeling when you open the front door

It's an unbelievable feeling when you open the front door

Ross and Hollie, a Police Officer and Personal Trainer from Corsham, were living with their parents and trying to save up a deposit for their first home, when their friends let them know about the Help to Buy Equity Loan Scheme.

Ross explains, "If it wasn't for the Help to Buy scheme, Hollie and I realistically wouldn't have been able to buy for another year." Now they have been able to move out much sooner than they anticipated and own their own home at a cost that is affordable for them.

The Help to Buy Equity Loan scheme allows purchasers to buy a new build property with a 5% deposit and then borrow up to 20% of the value of the home from the Government as an interest-free loan*. You will need to be able to raise a 75% mortgage to cover the remaining cost of the home.

Now living in a new build property close to their families and easy commuting distance from both their jobs, Ross and Hollie couldn't be happier. "We are so happy with the house," says Hollie, "the rooms are a lot more spacious than the initial plans suggested and the finish is very high quality - particularly the kitchen, which is our favourite part."

"Even the whole process was easy", Ross tells us. "We arrived at the site office and gave our basic details to a call handler, who then explained what would happen next. After ten minutes we had a decision on whether we could proceed based on our circumstances and, luckily, it was the answer we wanted!"

Ross and Hollie are looking forward to making new memories together in their home, which already begun the minute they walked through their door. "New homes create memories from the start," Holly says. "It is an unbelievable feeling from the moment that you receive the keys to the moment you open the front door."

* The equity loan is interest free for the first five (5) years, but in the sixth (6) year of ownership, a fee of 1.75% of the equity loan based on the market value at the time you purchased is payable monthly, rising annually by the increase (if any) in the Retail Price Index (RPI) plus 1%. This is applicable if you have not paid back your equity loan by the end of year five (5). An illustration will be given to you at the time of purchase.