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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 first time buyers, the biggest hurdle to overcome when buying a house is often the large deposit that’s needed. That’s why the government has introduced the Help to Buy scheme. It’s designed to help more people get on the property ladder and achieve their dream of homeownership.

The Help to Buy scheme allows you to take out an equity loan from the government of 15% of the property value. That means you need to save a deposit of just 5% and you’ll only need an 80% mortgage in total.

There is a wide range of Help to Buy properties in both Leeds and Bradford. We’ve outlined everything you need to know about each area below, to help you make your decision about where to buy your new home.
 

Central

Buying a property in the heart of either city means that you’re right in the centre of all the action. These properties are perfect for first-time buyers.
 
Help to buy properties available in Central Leeds & Bradford: The Bridleways
 

North East

To the northeast of both cities, you’ll find plenty of charming towns and villages in the miles between Leeds and York, as well as developments on the southern edge of the Yorkshire Dales. Perfect for families, these homes offer great value for money.
 
Help to buy properties available in North East Leeds & Bradford: None currently available
 

North West

If you’re looking for something more rural, head to the north-west, to the towns and villages near the Yorkshire Dales – ideal for those looking for a quieter pace of life whilst still being within commuting distance of the city.
 
Help to buy properties available in North West Leeds & Bradford: None currently available
 

South East

You’ll find plenty of charming market towns and villages in the region to the south-east of both Bradford and Leeds. Again, this area is perfect for those looking for an affordable option within commuting distance to the city centre.
 
Help to buy properties available in South East Leeds & Bradford: Manor Grange
 

South West

Those wanting to be close to the Peak District should consider buying a property to the south-west of either Leeds or Bradford. Have the best of both worlds – close to some of the best nature in northern England whilst also being within striking distance of two of its most vibrant cities.
 
Help to buy properties available in South West Leeds & Bradford: None currently available

Have a question?

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

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

Leeds

9 Park Square East, Leeds, LS1 2LH map

Bradford

Hub 26, Hunsworth Lane, Cleckheaton, Bradford, BD19 4LN map

Newsletter October 2016

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UK sees jump in mortgage applications post-Brexit

Despite the post Brexit vote jitters which saw a slump in mortgage applications, record low interest rates drew in buyers of all varieties from August onwards. After the historic vote for Britain to leave the European Union, the nation was holding its breath for the housing price collapse as warned by Remain campaigners. However, this […]
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