HomeBuy Direct helps qualifying first-time buyers with an equity loan between 15% and 30% of the market value of a property. This is used to buy a new build property within specific schemes.
The equity loan is free of charge to the buyer for the first five years and a charge will apply only from the sixth year onwards.
The equity loan is paid back as a percentage when you sell the property.
Homes available through this scheme can be found on the following developers websites:
Or through HomesHub, who advertise a wide range of HomeBuy Direct properties available throughout Merseyside and Cheshire on their website: