25/11/2025
Did you purchase your property with a Help to Buy Equity Loan?
By 2030, more than 104,000 Help to Buy accounts will reach the end of their interest-free period.
The Help to Buy scheme ran for ten years, between 2013 and 2023. Buyers of new builds were lent up to 20% (or up to 40% in London) of the property’s value as an equity loan. The loan is interest-free for five years and is repayable when the home is sold.
According to a Freedom of Information request, there are already 101,000 Help to Buy accounts that have become interest-bearing. The average monthly interest payment on a Help to Buy loan is approximately £107.
If you’re faced with higher monthly repayments, you don’t have to go through it alone. Professional advice can help you take control of your finances.
📞 01438 861410
📱07873 956495
📧 [email protected]
🌐 www.rodericksmortgageservices.co.uk
Your home may be repossessed if you do not keep up repayments on your mortgage.
Sources:
https://www.yourmoney.com/mortgages/first-time-buyer/exclusive-over-104000-help-to-buy-accounts-set-to-come-to-end-of-interest-free-period-by-2030/
