As the Help To Buy loan is interest free for the first five years (longer in Scotland), many of our customers defer repaying the loan until nearer the fifth anniversary.
Although at first glance this may seem sensible, as the loan is calculated as a percentage of the value of your home, if your home increases in value each year, so does your Equity loan. The longer you leave it, the more you’ll have to repay. So you need a plan.
Talking to us is easy.