Choosing a Help to Buy Mortgage Lender

Help to Buy may be a governmental scheme, but the qualifying mortgage products are specific to lenders and banks. Here, we explain how the initiative works alongside a mortgage application and what you should look out for when choosing a lender.

About your mortgage

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

Error: Regular bonus must be between £1 and £10,000,000.

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.

Choosing a Help to Buy Mortgage Lender

Help to Buy is a popular scheme and helps thousands of first-time buyers get onto the property ladder. It has also been used by homeowners wanting to move and needing support with a deposit value to secure an affordable mortgage.

With a 5% deposit, you can apply for a Help to Buy loan - but then have the problem of choosing between multiple lenders, and trying to work out which is best placed to offer you the loan you need.

Here we'll run through the top things to look at from a Help to Buy lender. For further support, give the team a call on 0330 304 3040, or send an email to

How Do I Choose a Help to Buy Lender?

The Help to Buy equity loan scheme is offered by the government, so there isn't any negotiating room there.

However, when it comes to mortgage lending, a lot depends on the rules and policies of the lender.

Every mortgage provider is different and has different criteria for lending, such as:

  • Lending to retired, or later-life borrowers.
  • Help to Buy mortgages for self-employed people.
  • Considering different income multiples to set a maximum mortgage offer.
  • How important your credit history is.

If you're unsure which lender to apply to or don't feel confident in knowing which eligibility criteria you meet, get in touch, and we’ll recommend the best lenders for you.

Can I Check a List of Help to Buy Mortgage Lenders?

Unfortunately, there isn't an official list; so it can be hit and miss applying to mortgage providers that may not support the Help to Buy scheme.

Below we've summarised some of the largest lenders who do offer Help to Buy, and what sort of terms, rates, and conditions apply.


Help to Buy Mortgage Terms


Maximum 40-year term.


Incentives from the developer, such as contributions to the deposit or cashback must not be over 5% of the property value.


Will not lend against properties with Section 106 agreements.


Any incentives such as appliances, fittings or landscaping must be declared on a Disclosure of Incentives form.


Lend up to 4.5 times annual income.


5% deposit must come from an approved source - such as cash savings.


The mortgage term can be a maximum of 25 years in line with the Help to Buy equity loan.



No lending criteria published.



Do not accept cashback from the developer as a deposit.


Will allow other builder incentives such as legal fees, stamp duty contributions or appliances.


5% deposit must be from personal resources.


Will not lend to properties under Section 106 or 75 agreements, subject to community impact agreements with local planning authorities.


No publically available terms and conditions.


Only lends against properties in England.


Lends only against English properties.


Will consider remortgage applications to pay back equity loans in England, Scotland or Wales.


Builders cash incentives are not accepted.

Virgin Money

Any builder’s incentive must be no more than 5% of the purchase price.


Annual fee charges of 3% of the equity loan charged per month over a year.

Are There Other Lenders who Offer Help to Buy Mortgages?

There are many; the above shows the most well known high street banks, but you will also find Help to Buy products from lenders such as:

  • Accord Mortgages
  • Aldermore Mortgages
  • Bank of Ireland
  • Bank of Scotland
  • Chorley Building Society
  • Clydesdale
  • Co-Op
  • Coventry Building Society
  • First Direct
  • Kensington Mortgages
  • Leeds Building Society
  • Metro Bank
  • Pepper Mortgages
  • Platform Help to Buy
  • Skipton
  • Teachers Building Society
  • The Post Office
  • Together Mortgages
  • Woolwich
  • Yorkshire Building Society

HSBC does not offer a Help to Buy mortgage product.

Many lenders outside of banks offer Help to Buy mortgages and can be the best option if you fall outside of general criteria, such as having a bad credit history.

Which is the Best Help to Buy Lender for Me?

Any one of these lenders might have the most competitive product for you; or a niche provider in addition to these lists.

The best way to assess the ideal lender is to consult an independent, whole-of-market broker - as this all depends on your circumstances, the property you wish to buy, and your finances.

Call Revolution on 0330 304 3040, and we'll talk about what you'd like to borrow to be able to recommend the right lender for you.

We'd also advise against applying speculatively to any lender. If you don't meet the criteria and are turned down, you could quickly accumulate credit searches on your file, which can cause problems further down the line.

Can I get a Help to Buy Mortgage in Wales?

Yes, you can - some lenders only lend in specific regions, and some Welsh lenders have minimal postcode limitations on where they can lend.

Can I Get a Help to Buy Mortgage in Scotland?

Yes - just as in Wales, there may be postcode restrictions on some lenders, so it can be challenging to find a mortgage in the Highlands, for example.

The best solution is to use a whole-of-market broker who can recommend any product from any lender that is relevant to your application.

Independent Advice on Choosing a Help to Buy Lender

It isn't always easy to compare mortgages or lenders, since terms aren't always directly comparable, and it may not be clear whether you are eligible for their lending products.

Contact the Revolution team on 0330 304 3040, or via email at, and we'll direct you to the best-suited lenders to support your application, as well as working through the process with you step by step until you have secured the lending you need.

Why Revolution Brokers?
  • Whole of market brokers

  • Mortgage that suits you

  • On time customer support

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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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