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The Help to Buy Scheme has now closed to new applications. Builders may be offering shared equity and other promotions, but these are not backed by the Government, as Help to Buy was.

For prospective buyers, saving up enough money for a deposit is often the biggest barrier to getting on the property market.

The government’s Help to Buy scheme has made it easier to take the first steps towards home ownership with as little as just 5% deposit. This allows you to take out an equity loan of 15% of the value of the property, meaning you need just a 5% deposit to buy your new home.

The loan is interest-free for the first five years, so you’ll have lower mortgage repayments than you would with a standard mortgage arrangement.

The scheme is available for first- and second-time buyers who do not currently own a property, and it allows you to buy a new build home up to the value of £600,000.
 

Help to Buy Properties in Bristol & Bath

To make your property search easier, we’ve put together a list of Help to Buy houses in Bristol and Bath, broken down by area.

Central
If you want to live in the heart of the action, then consider buying a house in the centre of Bristol or Bath. This means you’ll have easy access to everything the cities have to offer, including public transport, culture and entertainment. There’s a great choice of Help to Buy properties available in the centre of both cities.

Help to buy properties in Central Bristol & Bath: None currently available

North East
The area to the north east of Bath and Bristol includes many rural towns and villages, making it the perfect choice for families. There are several areas of natural beauty close to these two cities, including the southern part of the Cotswolds.

Help to buy properties in North East Bristol & Bath: Ladden Garden Village, Frenchay Gardens, Blackberry Hill

North West
Consider a move to the north west of Bath or Bristol if you’d like to live closer to the sea. This area includes several pretty towns and villages along the Bristol Channel coast.

Help to buy properties in North West Bristol & Bath: None currently available

South East
Southeast of Bristol, you’ll find many towns and villages along the road between Bristol and Bath. Similarly, to the southeast of Bath, there’s a great choice of Help to Buy properties, with something for everyone.

Help to buy properties in South East Bristol & Bath: Bloor Homes @ Keynsham

South West
To the southwest of Bath and Bristol, you’ll find the Mendip Hills, perfect for nature lovers who want to live in a more rural setting. There are many small towns and villages in this area, with a choice of Help to Buy properties for both first- and second-time buyers.

Help to buy properties in South West Bristol & Bath: Woodborough Grange, Chestnut Place

Have a question?

If you need advice for first-time buying in Bath or Bristol – or if you’re looking for a reliable mortgage broker in the West Country – don’t hesitate to contact us today.

We’re experts on all things mortgage-related (and our services are always 100% free).

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