Redeeming Your Loan
If you purchased your property using the Help to Buy: Equity Loan Scheme (previously known as HomeBuy). The amount you repay will be calculated based on the current market value of your home. The only exception to this is the Starter Homes Initiative £10,000 interest free loan as the figure will always remain £10,000.
Contact your equity loan provider to confirm the process of obtaining a current market valuation and the processing fees involved.
If you bought with:
- Help to Buy: Equity Loan
- HomeBuy Direct
- First Time Buyers Initiative
Please contact Target at myfirsthome for all enquiries: Tel 0345 848 0235.