help to buy available

With Help to Buy* available on all homes, your dream home could be more affordable than you think.


Help to Buy has helped over 420,000 people get on to the property ladder since the scheme started in 2013, and you can do the same at Leon House.

Making owning your first home more affordable; those using Help to Buy to buy their first home, actually save money every month in comparison to what they would be spending on rent.

All you need is a 5% deposit to secure your home, with up to 40% of the property value provided by an equity loan from the Government and a mortgage of up to 55% from a bank or building society. *Eligibility criteria applies.

Help to Buy Calculator

Property Value

Change property value, mortgage length or interest rate to adjust your monthly repayment.

Mortgage Length

Mortgage Interest Rate

Your Mortgage

Your Deposit {{ deposit | currency }} (5%)

Help to Buy London loan {{ helpToBuy | currency }} (40%)

Your Mortgage {{ mortgage | currency }} (55%)

Mortgage Repayment {{ repayment | currency }}

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The Affordability Calculator provides an indicative guide to monthly costs only. Household income assumes a joint income. A single income will need to be higher to be able to afford the same max purchase price. The information provided should not be relied on as confirmation of affordability or as a recommendation to proceed. Leon House Croydon is not authorised or regulated by the Financial Services Authority to provide financial advice. You should always seek advice and recommendations from an Independent Financial Adviser regarding mortgage products, affordability, interest rate, terms, conditions and method of repayment. Your home is at risk if you do not keep up mortgage repayments.

How Does it Work?

Example two icon

Two bedroom property price

5% deposit

40% HTB equity loan

Mortgage (55% LTV)

Monthly repayment
(Fixed at 1.36% until 30/04/2022)
Reverting to SVR of 4.24% – £1,069.73/mth

Total cost of credit – 35 year term

Note the following:

  • The monthly payments are calculated on a 35 year repayment mortgage.
  • Correct at 13/01/2020.
  • Maximum mortgage is calculated as 4.5 times income.
  • Early repayment charges apply during initial rate period.
  • Mortgage is fixed at 1.36% until 30/04/2022 (25 months); SVR for 395 months.
  • Deposit is 5% of the full purchase price.
  • The equity loan is interest free for the first five years. After that, you will pay a fee of 1.75%, rising annually by the increase (if any) in the Retail Price Index (RPI) plus 1%.’
  • The equity loan must be repaid after 25 years, or earlier if you sell your home. You must repay the same percentage of the sale as the initial equity you borrowed e.g. 40%.
  • Valuation fee does not apply and arrangement fee is £749, assumed added to loan.
  • All mortgages are subject to availability and status.
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This does not represent a recommendation and does not contain all the information needed to choose a mortgage. Please ask for a personal illustration.

Your home may be repossessed if you do not keep up repayments on your mortgage