Best UK Rates on Help to Buy Mortgages

Research the best possible UK rates on Help to Buy mortgages with independent guidance from the respected mortgage support experts at Revolution Finance Brokers.

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Error: Yearly income income must be between £1 and £10,000,000.

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Based on your yearly income, you may be able to borrow:


Most lenders will let you borrow 4.5 times your annual salary so, as long as you have a standard 10% deposit, you should be able to borrow this much.


Depending on your personal circumstances, some lenders may let you borrow 5 times your salary.


Lenders usually cap the amount they lend at 5.5 times your salary, so it’s unlikely you’ll be able to borrow more than this.

This calculator is an estimation of how much you could borrow. If you’re ready to take out a mortgage, speak to a Revolution brokers to see what options are available.

Best UK Rates on Help to Buy Mortgages

There are multiple scenarios where the Revolution team works with clients who have been turned down elsewhere for Help to Buy mortgages - for example, where they have a bad credit history or are buying an unusual property.

While Help to Buy rates tables do give a rough indication as to average rates, they are only an estimate. They often mislead borrowers into making an application, which will be rejected since they do not meet the lender's eligibility criteria.

The only way to receive accurate rate quotations is to work with an independent, whole-of-market broker who can provide unbiased advice about the best lenders to apply to.

This will depend on many factors, such as income, employment status, and credit history.

Here we'll work through how to achieve the lowest rates on Help to Buy mortgages - and what factors will impact the offer to lend you are likely to receive.

For personalised advice and help with progressing your mortgage application, contact Revolution Brokers on 0330 304 3040, or email us at

How Can I Get the Best Mortgage Rates on Help to Buy?

Without a doubt, the best way to find the lowest interest rates is to work with an experienced broker.

Every lender has different policies around who they will lend to, what sort of conditions they will accept, and what rates they can offer.

Most high street banks will only lend in specific circumstances or don't offer products directly to the public, so a broker is invaluable in negotiating these on your behalf.

Which Lenders Offer Competitive Help to Buy Remortgages?

The same applies to a remortgage; if you're reaching the end of a fixed-term Help to Buy mortgage, it's well worth seeing what other deals are around which may be far more competitive than those on offer from your usual lender.

If you remortgage, your Help to Buy equity loan switches over to the new mortgage, unless you decide to repay it.

How Do Help to Buy Mortgage Rates Vary Across the UK?

Help to Buy does depend on where you live - partly because you might find more lenders in some regions, and fewer in others. The more choice you have, the more competitive the market, and the more negotiating power is available.

Generally, there are more lenders in larger cities; but an independent broker can source Help to Buy lending in any location.

The key factors are around your risk profile and matching with a lender who can approve your application.

Your Help to Buy equity loan amount will also depend on where you live.

  • Welsh Help to Buy lending works on the same basis as in England. You need a minimum 5% deposit and can borrow up to 20% of the property value through Help to Buy. A mortgage is required for the 75% balance.
  • In London, you can borrow up to 40% of the purchase price as an equity loan.
  • Scottish buyers also require a 5% deposit but can borrow a maximum of 15% through the Help to Buy scheme.

What are the Interest Rates Payable on a Help to Buy Loan?

For the first five years, a Help to Buy equity loan is interest-free. After that, you pay 1.75% interest, on the outstanding balance.

Scottish borrowers pay no interest on their equity loans.

Each year, the interest rate in England increases based on the Retail Price Index - by that metric, plus 1%.


  • You are buying a property worth £200,000, and have a 5% deposit of £10,000.
  • In England, you can borrow up to 20% - i.e. £40,000.

The below table shows the interest-only element payable on the equity loan depending on how many years have passed since you took out the equity loan, based on a nominal 5% RPI:


Interest Rate - RPI Plus 1%

Interest-Only Payment

Up to year five



Year 6



Year 7



Year 8



Year 9



Year 10



Remember that these payments are only the interest on the equity loan and do not include any capital repayment of that loan, or the mortgage repayments.

When Can I Repay a Help to Buy Loan?

You can repay your equity loan at any time; until you do, you will need to pay both the equity loan interest payments and your mortgage repayments.

In many cases, it is more cost-effective to refinance after the fifth year and pay back the equity loan from the equity in your property.

Can I Get Help to Buy if I have a Bad Credit Score?

You can - although this is highly dependent on applying to the right lender, or choosing a bad credit specialist if you have any recent bad credit issues.

Note that applicants with severe credit issues, such as bankruptcy are unlikely to find a Help to Buy mortgage through a mainstream finance provider, and it's essential to consult a broker who can help with the application process.

Professional Support with Help to Buy Mortgages

With millions of UK lenders offering mortgage products, and a growing proportion supporting Help to Buy applicants, a broker with whole-of-market access can ensure you only apply to the lenders who can accept you, and offer the most competitive lending terms.

Mortgage advisors works with each client to assess what you can borrow, how much you can achieve, and which lenders will accommodate your borrowing requirements.

We help with every aspect of the financing, from drafting applications to collating documents and advising on how to strengthen your application.

Give us a call on 0330 304 3040, or drop a message to our friendly team at for more information, or to arrange a good time to talk.

Why Revolution Brokers?
  • Whole of market brokers

  • Mortgage that suits you

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FCA disclaimer

The content included in our articles, blogs, web pages and news publications is based on information accurate at the time of writing. Note that policies and criteria can change regularly throughout the UK mortgage lending market, and it remains essential to contact the consultation team to receive up to date guidance. The information included on the Revolution Brokers site is not bespoke to any circumstances or individual application scenarios and therefore is not intended to be used as financial advice. The content we share is designed to be informative and helpful but cannot be relied upon to provide individual advice relevant to your mortgage requirements. All Revolution team members are fully qualified, trained and experienced to provide mortgage advice of an independent nature. We collaborate with lenders and providers who are regulated, authorised and registered with the Financial Conduct Authority (FCA). Should you require specific mortgage borrowing types, some products such as buy to let mortgages may not be FCA regulated. The Revolution team can provide further information about regulated and unregulated lending as required. Please remember that a mortgage is a debt which is secured against your home or property. Your home can be at risk of repossession if you do not keep up with the repayments or encounter any other difficulties in managing your mortgage borrowing responsibly. This also applies to any remortgage or home loan secured against your property, including equity release products.

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