Finding the Lowest Help to Buy Mortgage Rates

Are you scouring the market for a great Help to Buy borrowing rate but yet to land on the mortgage that looks perfect for you? This guide explains the best options to reduce your interest rates and find competitive deals that best the rest of the market.

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.

Finding the Lowest Help to Buy Mortgage Rates

Help to Buy mortgage rates vary between lenders, and the Revolution team often helps applicants who have been rejected elsewhere due to issues such as a low credit score.

Here we'll run through how you can find the best Help to Buy rates - in a more accurate way than an online calculator! We'll also explain how eligibility criteria work, and why these make a tremendous difference in the mortgage offer you're likely to receive.

For tailored support with finding the lowest Help to Buy rates, give Revolution Brokers a call on 0330 304 3040, or drop us a message to

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

Our top tip is to use an independent broker, who isn't tied to any bank or lender.

There are thousands of online mortgage rate tables. Still, these are very generic and often provide no level of accuracy since they can't know your circumstances, or whether you meet any specific lender's criteria.

Whole-of-market brokers can recommend any product from any lender that we think best fits your need, and work through your application to ensure you tick all the boxes.

Where Can I Find Low Help to Buy Remortgage Rates?

If you are coming to the end of a fixed-term and want to remortgage, the same applies - give us a call, and we'll advise on the best lending options.

You can refinance a Help to Buy mortgage similarly to any other home loan, so there isn't any restriction on which lenders you can apply to.

How Do Help to Buy Mortgage Rates Vary in Different Areas?

You'll find that the Help to Buy scheme mortgage rates depend on where you live, and which lenders operate in that area.

Other factors that can impact your rates include:

  • Having a bad credit rating.
  • Applying with low income.

The equity loan available also depends on your location.

How is Help to Buy Different in Wales and Scotland?

In Wales, you have the same terms as in England; you need a 5% deposit or higher, and can borrow a loan of up to 20% of the property value - leaving a mortgage requirement for the 75% balance.

Londoners can borrow up to 40% through an equity loan.

Scottish borrowers still need the minimum 5% deposit but can borrow up to 15% through the equity loan scheme, requiring a higher mortgage LTV of 80%.

What are the Interest Rates on Help to Buy Equity Loans?

The loan itself is interest-free for five years. After this time, you pay 1.75% interest on the remaining balance - in Scotland, there is no interest charge.

Each year, the rates increase by 1%, plus the RPI - retail price index, which can go up or down with inflation.

As an illustration - if you are in England or Wales, and buying a home at £200,000, you'll need a 5% deposit of £10,000 and can borrow up to 20%, so £40,000.

The interest rates you'll pay each year will look as below - based on an example 5% RPI:


Interest Rate (RPI + 1%)

Loan repayment (interest-only)

Up to year 5


















You should always remember that these are payment values against the equity loan - and the mortgage repayments are entirely separate.

What are the Best Rates for a Help to Buy New Build Mortgage?

Help to Buy is aimed solely at new-builds, so the best rates will depend on your circumstances, and how closely you meet the lending criteria.

How Can I Repay a Help to Buy Mortgage?

Your mortgage and the equity loan are two different types of lending.

You can repay the equity loan, or you can continue making mortgage repayments, and interest-only payments against the equity loan balance.

Many borrowers choose to keep the equity loan and repay it when they remortgage or sell the property.

However, if your property increases in value, you need to pay back a higher value than you borrowed - based on the percentage value of the loan, now applied to the property's current market value.

How will Adverse Credit Affect my Help to Buy Mortgage Rates?

Bad credit or a low credit score are always likely to increase the interest rates you are quoted on a mortgage, or make it harder to find a lender that will approve your application.

There are different degrees of severity, so if you have minor credit issues such as a couple of late payments, it's likely to make much less of an impact than something more serious such as a bankruptcy or repossession.

Lenders will also consider how long ago the issues occurred, and rely on their lending policies to assess how much of a risk factor it presents.

Revolution Brokers works with a vast network of bad credit specialist lenders, so if you have been turned down for a Help to Buy mortgage or want to compare the best rates on the market, get in touch on 0330 304 3040.

How Can a Help to Buy Broker Get me the Best Rates?

Our role as a market-leading UK mortgage broker is to assess your needs and recommend the most competitive and affordable lending products that we believe fit closest with your circumstances.

Revolution Brokers can:

  • Search the entirety of the UK market to recommend any product from any lender.
  • Calculate your total borrowing and monthly repayments.
  • Help you with the Help to Buy application process.
  • Submit your mortgage application and support you through to completion.

Give us a call, or drop a message to and we'll get the ball rolling to find you the borrowing you need!

Why Revolution Brokers?
  • Whole of market brokers

  • Mortgage that suits you

  • On time customer support

Latest Blogs

26 Jan 2022
How Does a Remortgage Application Work?

Most homeowners know that remortgaging means switching a mortgage from an existing lender over to a new deal. However, the process isn't always obvious. If you're on a fixed-rate deal, you'll want to get ahead of the end of the term to avoid being shuffled onto a higher standard variable rate where your interest costs will undoubtedly ..

17 Dec 2021
Understanding Lender Risk on First-Time Buyer Mortgages

Finding a great mortgage as a first time buyer can feel like an uphill struggle, with a larger proportion of applicants being turned down than a year ago. Around 20% of first-time mortgage applicants are rejected, usually because of the lender risk associated with their loan. Today, Revolution Brokers explains the highest risk facto..

28 Oct 2021
Pros and Cons of First Time Buyer Buy to Let Mortgages

Investing in a rental property can be an excellent way to get onto the property ladder and earn an income. However, if you haven't owned a residence before, you might find that a mainstream bank will automatically turn you down for a buy to let mortgage. In today's guide, the Revolution Brokers team explains how you can become a ren..

12 Oct 2021
Mortgage Deposit Requirements for First-Time Buyers

Buying a home for the first time is a massive step - but the deposit is often a stumbling block for first-time buyers. It can take years to save a sufficient amount or be impossible, so there are several ways to approach the problem and get your foot onto the property ladder. From April 2021, the UK government launched the new mortg..

24 Jun 2021
Why Property Auction Finance is Booming!

There is little doubt that UK buyer confidence is at an all-time high. We've recapped previously in our blogs how property market growth and prices have soared over the last few months! As we head into summer, one key area of mortgage finance seems to be expanding rapidly: property auction finance. In this article, the Revolution..

25 May 2021
Property Development vs Buy to Let Investments

Here at Revolution Brokers, we work with thousands of property investors every year. That might be to: Remortgage a portfolio of rental properties. Secure development finance for a new project. Finance a standalone property purchase or multiple acquisitions. Streamline portfolio mortgages for multiple investments. We ofte..


Refer, Relax and get £50

If you refer a friend for a mortgage or any
type of finance you’ll both receive £25
each when their new application
successfully completes.

Know More!

We are proud
members of the:

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.

Ask the Mortgage Experts

Revolution Brokers understands that mortgages can be complex and confusing!

Ask us any question you might have, and one of our skilled consultants will come back to you as quickly as possible.