The Help to Buy: Equity Loan is a scheme that aims to get first-time buyers onto the property ladder, with backing from the UK Government.  In London, you can take out an equity loan for up to 40% of the cost of your chosen new-build home. This allows you to access lower mortgage repayments, helping you to afford a larger budget for your first home.


The calculator given here gives a guide to costs of using the Help to Buy: Equity Loan within London. There are key differences between the Help to Buy scheme in London compared to other areas of the UK, with regional price caps in place and a lower equity loan available.  To get a better estimation of your costs in other regions, please visit our UK-wide Help to Buy Mortgage Calculator.


To learn more about the scheme, visit our Help to Buy hub, read about 2021 changes, or compare Help to Buy versus Shared Ownership.

In regions outside of London, you can borrow up a loan of up to 20%. Calculate your budget with our UK Help to Buy Affordability Calculator.

Help to Buy in London

The London Help to Buy scheme is a Government-backed initiative aimed at first-time buyers.

The scheme helps to keep your mortgage payments lower by boosting your deposit. It also delivers other benefits, such as giving you access to a wider range of mortgage products.

View L&Q homes with Help to Buy in London