Help to Buy

Owning a brand new, Damson Home is now easier than ever before!

Help to BuyHelp to Buy Equity Loans is a government supported scheme open to both first time buyers and home owners who are moving enabling you to borrow up to 20% of the value of a brand new Damson Home.

‘Help to Buy’ Equity Loans — How they work…

  • You’ll need to contribute at least 5% of the property price as a deposit
  • The government will give you a loan for up to 20% of the price
  • You’ll need a mortgage of up to 75% to cover the rest


And they’re Free for the first 5 years!

You won’t be charged loan fees for the first 5 years of owning your home.

In the 6th year, you’ll be charged a fee of 1.75% of the loan’s value. After this, the fee will increase every year. The increase is worked out by using the Retail Prices Index plus 1%.

Paying off your loan

You’ll have to pay back the equity loan when you sell your home or at the end of your mortgage period — whichever comes first.

You can also pay back some of your equity loan without selling your home. You can pay back either 10% or 20% or the total amount, so long as the loan is worth at least 10% of the value of your home.


help to Buy cannot be used if the property is going to be rented or for properties over £600,000 in value.

Interested? Questions?

Take a look at our Help to Buy Agents’, Orbit’s website or chat to one of our (incredibly!) friendly staff by calling us on 0121 709 0539 or by emailing