Help to Buy Mortgage Products
The “Help to Buy: Equity Loan” (England) scheme is now closed to purchases.
You can continue to purchase a property in Wales through the Help to Buy Wales scheme. The Welsh Government have extended the scheme from 1st April 2023 until 31st March 2025.
From the 1 April all homes sold through the scheme will need to meet a minimum of EPC B and the purchase price cap will rise from £250K to £300K. The new criteria of EPC B and rise in price cap will apply to properties purchased from 1 April onwards, any applications received before 1 April will need to meet the schemes current parameters, including the £250k price cap.
Full details can be found here: Help to Buy – Wales
Help to Buy Mortgage Products Rates & Criteria
Help to Buy
Help To Buy Affordability Calculator
We’re currently reviewing all applications to ensure the income is sustainable in current market conditions. Based on the information provided please find details below on what your client(s) could borrow with us.
|Indicative maximum available subject to a DIP|
|2 Year Fixed:||£150,000.00|
|5 Year Fixed:||£200,000.00|
|Number of Applicants:||Number of Children:|
|Required loan amount:||Repayment Type:|
|Term:||Years||Help to Buy Total Loan:|
|Income Applicant One|
|Primary Annual Income|
|Secondary Annual Income|
|Annual Overtime (calculated at 50%)|
|Annual Bonus or Commission (calculated at 50%)|
|Maintenance Income (calculated at 50%)|
|Commitments Applicant One|
|Mortgages or secured loans|
|Unsecured loans or hire purchase|
|Credit or store cards|
|Leasehold service charges|
These results are indicative and are meant to be used as a guide only. Should you wish to submit a DIP, it'll be subject to our full lending criteria, a credit check and an underwriter review which could result in a different value.
Please note by changing the loan amount figure you may change the loan to value. This may change the interest rate charged. If you're going to change any details we strongly recommend you start a new calculation to ensure it is as accurate as possible.
If you'd like to submit this, or any other case, you'll need to have registered with us. it's a quick and simple process and shouldn't take more than 5 minutes.
If you've already registered, please Login and complete our online application form.
As we manually underwrite all applications and consider each case on it's merits there may be times where we will lend more or less than the figure stated below. To find out exactly what your client(s) could borrow please submit a DIP.
If you see an N/A within the Maximum Loan Size box this is because we don't currently offer a rate for that Product/LTV
If you have any questions, pick up the phone and give our sales team a call on 03333 701 101 Option 1, Monday to Friday between 9am and 5pm.
Fill in your details below and we will email the results to you
Help to Buy Criteria
Need help with your mortgage case?
To discuss a case, or find out more about our products, call our experienced team. Ready to submit? Log into the application portal to get started, or register if it’s your first case with Pepper Money.