Help to Buy Explained by NatWest

Help to Buy: The Basics Equity Loan Mortgage Guarantee New build only (with selected developers) All homes old and new Up to £600,000 purchase price or valuation 5% 5% Minimum Minimum deposit deposit 20% 95% Government Mortgage loan 75% Government offers lenders a 15% mortgage guarantee Mortgage Help to Buy Shared Equity is only available in England, Help to Buy Mortgage Guarantee is available everywhere in the UK. Details above are for England Help to Buy Mortgage Guarantee. Scotland, Wales & Northern Ireland have different schemes. How it works Equity Loan Mortgage Guarantee Bank You Bank You 75% 5% 95% 5% Mortgage Minimum Mortgage Minimum deposit deposit Government supports bank with a 15% mortgage guarantee so they can provide 95% mortgage Government Government 20% Government loan How it all adds up Equity Loan Your Budget Mortgage Guarantee £200k Example house price £200k 5% = £10k Your minimum deposit 5% = £10k %3D 25% = £50k Overall deposit 5% = £10k %3D Your repayments £150k (75%) £190k (95%) £190k (95%) Mortgage to be repaid £190k (95%) Total to be repaid Government involvement 20% = £40k Government Commitment to lender Enables bank/lender to (Interest free loan for 5 years) provide 95% mortgage £40k Government loan to be repaid This infographic was produced by NatWest. To find out more about Help to Buy visit www.helptobuy.org.uk Help to Buy YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE