Help to Buy is a fantastic method for getting a foot on the property ladder if you’re a first-time buyer. With deposit amount recognised as being a real barrier to property purchases, Help to Buy makes this step more manageable and affordable.

The London Help to Buy scheme could help you realise the dream of owning your own home in the capital. You’ll need a minimum of 5% of the property price for your deposit, coupled with an equity loan from the Government of up to 40% of the purchase price to leave you with a mortgage of up to 55% from a bank or building society.

Our Help to Buy Calculator uses 3 figures selected by yourself, to show you these 3 important things:


  1. Your deposit – this will give you an idea as to whether you need to look at a different property price or adjust your current finances.
  2. Your mortgage repayments – can you afford the property you want on a monthly basis? This calculator gives you a good estimate on how much you’ll be paying out so that you can work it into your lifestyle.
  3. The property you can afford – although this will be determined by many other factors when you actually go to apply for a mortgage, this calculator might steer you in a more realistic price bracket for your property purchase.


Discover your own Help to Buy figures with our calculator here.

Note: Eligibility criteria applies. The Help to Buy calculator provides an indicative guide, please consult your mortgage advisor for a detailed calculation on affordability based on your finances and personal situation.