skip to Main Content

Government schemes

With access to all lenders who support Government home buying schemes, we sure can find the right mortgage deal for you

Let’s Talk
google logoRated Excellent!Rated Excellent!
5 Stars - Based on 95 Client Reviews

Home buying schemes options

Government home buying schemes like Help to Buy, Shared Ownership and Right to Buy help first-time buyers and home movers purchase their homes. These schemes include:

  • Help to Buy equity loans
    These offer up to a 20% (40% in London) loan from the Government to reduce the amount you need to borrow on your mortgage.
  • Forces Help to Buy
    Service personnel can borrow 50% of their salary (up to £25,000) towards a deposit and fees.
  • Shared Ownership schemes
    Buy part of a house and pay rent on the rest – and buy a bigger share as time goes on.
  • Right to Buy schemes
    Council tenants may qualify for the right to buy the property they’ve lived in through this type of scheme.

Home buying schemes are suitable for first-time buyers and home movers with a small deposit looking to buy a home. You won’t need to save as much for your deposit as with a normal mortgage, and you could get extra help such as a Government bonus through the Help to Buy (or Lifetime) ISAs.

If you’re unsure which type of home buying scheme suits your circumstances, speak to our expert mortgage advisors. They’ll guide you to the most suitable option – and make sure you get the best mortgage deal for your needs.

How much can I borrow?

How much will my mortgage cost?

Find a mortgage

Whole of market

We offer independent mortgage advice across the whole market – not just what you can find on the high street.

  • Access to over 130 lenders
  • Choice of over 20,000 deals

All this means we’ll always guarantee to find you the best Government schemes mortgage deal available.

Always available

We work around your busy life to make getting a home buying scheme mortgage as easy as possible.

  • Contact us in the way you prefer: phone, email, Zoom, Whatsapp, or face-to-face.

You don’t need to faff with the Post Office queue either:

  • Upload all your documents using our 24/7 online upload tool.

We do the hard work

Without a broker, you’ll miss out on exclusive deals you can’t find on the high street.

We’re experts on lender criteria:

  • We’ll research and recommend only the most suitable options for you.
  • We’ll also complete all the paperwork for you, to make sure your mortgage application is successful.

Why choose us

Why choose us

Home buying schemes

Help to Buy

You don’t need a huge deposit to buy your first home! The Help to Buy scheme lets you get on the property ladder with as little as 5% deposit. 

You may also be eligible for up to 20% equity loan from the Government, and a mortgage up to 75% of the purchase price. The Help to Buy equity loan is interest-free for five years – giving you breathing space before repayments.  

We’re Help to Buy experts and can guide you through the whole process, including managing all the paperwork for you.

Learn more

Shared Ownership

Get on the property ladder with a Shared Ownership scheme. We’ll help you find out more about affordability requirements and explain in detail how shared ownership works so that you can get your first home with ease. 

Buy as little as 25% of your first home through a Shared Ownership first time buyer scheme, and pay rent on the rest. Over time, you can buy up to 100% ownership of the property. 

Learn more

Right to Buy

If you’ve been in council housing for a certain period of time, you could buy your home at a discounted price.

We’ll help you find out more about the mortgage options available to you, and assist with the complex application process. If you’re unsure about how it all works, we’re here any time to talk you through the details.

We can liaise with your local authority to make sure all the paperwork is accurate – so you can own the home you already call home.

Learn more

Independent mortgage brokers serving the entire UK

We don’t think you should waste time filling out forms that aren’t relevant to your mortgage needs.

That’s why we like to speak to you first and build a personal relationship, so you can remain assured you’re getting the best service.

Get personalised mortgage advice today

0208 323 8989

    Call meEmail me

    All about Government schemes mortgages

    Various Government home buying schemes such as Help to Buy, Shared Ownership and Right to Buy, are in place to help eligible applicants buy a property. Also, some lenders and property developers have their own schemes to help you get onto the property ladder.

    As these property schemes all come with terms and conditions and each lender has their own criteria in addition to the general terms of the home buying schemes, a broker is best placed to go through your situation and then advise you about the actual options available to you.

    All home buying schemes have the aim to help you get onto the property ladder or move home when otherwise you couldn’t afford it.

    The home buying schemes generally require a relatively low deposit, which acknowledges that most people struggle to save up for a deposit while paying rent every month. In other cases, there may not be much deposit available after a relationship breaks down and one or both parties have to move out or when someone has been living in a council property raising children.

    Whatever the situation may be, the home buying schemes are designed to help you own your home and we are here to help you get the best mortgage deal to support your purchase.

    The Help to Buy scheme has different rules and deadlines in different parts of the UK. For example, the Help to Buy England scheme has been extended until 31 March 2022, while it’s only extended until 31 March 2021 in Wales.

    The Rent to Buy and Intermediate Rent schemes are only offered by certain councils and housing association, so they are not available everywhere in the UK.

    The Right to Buy scheme offers different discounts from the market value of your home depending on your location, so it is important to check what the local rules are before you apply.

    The actual home buying process will depend on the scheme, as a third-party organisation is involved and they have their own requirements and processes. As a broker, we can support you through the whole purchase to ensure that you are clear about your options and the next steps at every stage.

    Once we established which home buying scheme is best suited for your circumstances, we check your mortgage options and your maximum borrowing. Then we help you get approved for the scheme first by working with the appropriate third parties before arranging your mortgage.

    The above referenced “third parties” may include the estate agent, developer, housing association, Help to Buy agent, council and the mortgage broker appointed by the previously mentioned parties to do “financial verification”.

    When we do the actual mortgage application, we will ask you for specific documents dependent on the home buying scheme and apply on your behalf to the agreed lender based on their requirements.

    An important question to ask, not so simple to answer. It will depend on your income, outgoings, credit history, age, dependants, the property you’d like to buy and other factors.

    The home buying scheme may also impact on your mortgage borrowing. For example, most lenders use 3% of the Help to Buy loan as a credit commitment when calculating your maximum borrowing, even though you won’t pay anything (apart from £1 monthly admin fee) to the government during the first 5 years.

    There is no single rule that lenders follow when assessing your first-time buyer mortgage application. In fact, lenders tend to offer different mortgage amounts even when you present them with the same information.

    For this reason, a mortgage broker can help you find out exactly how much you could borrow. We have the tools to check your maximum borrowing for Help to Buy, Shared Ownership and other property schemes or even just for a “normal” purchase without using any scheme.

    The answer will depend on the home buying scheme, your personal situation and the lender chosen.

    For example, the Help to Buy scheme needs minimum 5% of the purchase price, Shared Ownership requires minimum 5% of the share you buy, while you may not need any of your own money for a Right to Buy purchase.

    Still, your income may not be enough to get 55% mortgage on a Help to Buy property in London. It may only be enough for 50% of the purchase price and you’ll need a 10% deposit in addition to the 40% government loan.

    It’s part of our broker’s job to assess your affordability and advise you about the deposit for each scheme.

    Possibly yes, although the answer will depend on the details of your credit history.

    Most lenders can accommodate late or missed payments here and there, especially if everything was paid on time during the last 6-12 months.
    Some lenders can also accept defaults, CCJs or even past bankruptcy, but you may only have a few lenders to choose from and the interest rate will likely be higher than if you had a clean credit history.

    Yes, although the lender options are limited, as most lenders would like you to be a British or EU citizen or have indefinite leave to remain.

    Those lenders who offer mortgages for home buying schemes to visa holders as well, often require a minimum residency time in the UK, minimum time left on the visa or have other criteria to meet.

    Older People’s Shared Ownership (OPSO) is a type of Shared Ownership arrangement that aims to help people over the age of 55 to buy their home. This option is only available in England for homes advertised for Shared Ownership.

    You can find further information here.

    Home Ownership for People with Long-Term Disabilities (HOLD) can help you buy a home on a shared ownership basis. However, this home buying scheme is not just available for properties that are advertised for shared ownership, but any property in England.

    You can find further information here.

    Members of the armed forces are given priority when buying with the Shared Ownership scheme above everyone else. This means that if two people are applying for the same property, the army personnel will be offered the opportunity to purchase the subject home first.

    As another option, the Forces Help to Buy scheme allows army service personnel to borrow up to 50% of their annual salary (maximum £25,000) and to use as a deposit when buying a home. This loan can be accepted together with the Help to Buy equity loan and on Shared Ownership purchases anywhere in the UK.

    You can find further information here.

    Building insurance

    If you buy a house, then building insurance will be mandatory to ensure that in case the structure is damaged (e.g. by fire, flood or movement), the insurance will cover at least the mortgage amount.

    Nothing else is compulsory, but of course, it makes sense to cover costly unexpected events.

    Contents insurance

    Contents insurance can pay for replacing your personal belongings if someone burgles your home, there is fire, you accidentally drop your new flat screen TV…and the list goes on.

    Life insurance

    Life insurance is a one-off payment if you were to die during the mortgage term, so the insurance can settle your mortgage. This would allow your family to stay in the property without worrying about mortgage payments at an already stressful time.

    Critical illness cover

    Critical illness cover would give you a lump-sum if you had a serious illness like cancer, heart attack or stroke as well as dozens of other conditions. This payment may or may not settle the mortgage, but it can help pay for treatment, let you take time off work while recovering or alter your home, if necessary.

    Income protection

    Income protection is designed to give you a monthly income for some time in case you can’t work due to an accident or a long term illness. This covers mental health issues as well.

    Of course, all the insurances come with terms and conditions, optional features and your medical history can influence your options.

    To find the right insurance cover that fits within your budget, speak to our team today. We can compare the whole market, find the most suitable cover and apply on your behalf free of charge.

    Mortgage tools

    Clients reviews

    Mortgage calculators

    From working out how much you can afford to borrow to understanding how offset mortgages work, our calculators can help.

    Discover how much you could save by overpaying on your mortgage, or what monthly rent you’ll need to charge to cover a buy to let mortgage repayment, with our handy mortgage calculators.

    Mortgage calculators

    Mortgage finder

    Only looking at high street offers restricts how much you could borrow (and often means a more expensive mortgage, too).

    We have whole of market access to mortgage deals with over 130 lenders. That’s over 20,000 mortgage deals to choose from!

    Take a look with our mortgage finder tool to see some of the mortgage deals you could qualify for if you use our independent mortgage broker service.

    Mortgage finder

    Latest mortgage best buys

    First time buyer
    Type2 year fixed
    More info
    Home mover
    Type2 year fixed
    More info
    Type2 year fixed
    More info
    Buy to Let
    Type2 year fixed
    More info

    Lilla, has been absolutely amazing.
    From start to finish, she always kept use informed on how the mortgage application was going.
    We had a few issues with the application due to my...
    read more

    terri burgh Avatar
    terri burgh

    I worked with Agnes and Lilla very closely to secure a mortgage offer for my very complicated case.

    While so many other morgage brokers and big offices turned me down, BlueWing...
    read more

    Lilla Kaputa Avatar
    Lilla Kaputa

    My mortgage advisor was Agnes Siry and she was absolutely brilliant from the very beginning up until the very end. She was always at the other end of the phone... read more

    Petra Zsoldos Avatar
    Petra Zsoldos

    Such a good thing to have a peace of mind that my mortgage is really the best available one on the market and all the legal bits are in place.... read more

    Tünde Kátai Avatar
    Tünde Kátai

    Really enjoyed working with Saanja and the team. They went above and beyond to help us and were creative with their solutions. I truly believe we could not have got... read more

    Sarah Fraser Avatar
    Sarah Fraser

    Agnes was our guardian angel throughout our very first house purchase. It's a process that is full of questions, uncertainty and doubt and (at least for first time buyers) and... read more

    Kristof Kiraly Avatar
    Kristof Kiraly

    Saanya was amazing from start to finish and got our mortgage through really quickly. She was extremely helpful with brilliant advice to help us purchase our flat, Ours was tricky... read more

    HKN B Avatar
    HKN B

    Excellent service. Lilla was always available and went above and beyond to support with any question or query. Could not recommend highly enough.

    Laura Flynn Avatar
    Laura Flynn

    Worked with Lilla, it was really good working together, we have received all the service we needed - Thank you

    Artyom Hudolij Avatar
    Artyom Hudolij

    Lilla assisted me with a contractor mortgage and she was absolutely wonderful... she is extremely patient and knowledgeable. I had a LOT of questions and there were some personal circumstances... read more

    Daniel Irvine Avatar
    Daniel Irvine

    I highly recommend Lilla, Alexandra and the rest of the team. Out of all of the brokers I made enquiries to Lilla was the most thorough in the questions she... read more

    Anne N Avatar
    Anne N

    Couldn't recommend Lilla and the team highly enough. Very friendly and thoroughly professional throughout our (occasionally!) stressful journey to secure a mortgage in these crazy times. Answered all of our... read more

    Adam Stiley Avatar
    Adam Stiley

    I went through a number of less-than-helpful mortgage advisors before Lilla was recommended to me by a friend.
    From the start the service provided was outstanding. Both Lilla and Alex were...
    read more

    Ben Hodder Avatar
    Ben Hodder

    If it would be possible then I would give 10 stars out of the 5.
    Lilla Dilliway is the best mortgage broker ever, very experienced, always available and has all the...
    read more

    Gabor Debreczeni-Kis Avatar
    Gabor Debreczeni-Kis

    I would highly recommend the services of BlueWing Financials and would especially like to thank Lilla and Alexandra, our case handles.

    I was in the process of purchasing my first...
    read more

    Ágnes Jakubisz Avatar
    Ágnes Jakubisz

    What our clients say

    Clients reviews

    Mortgage news and advice

    Bridging Loan

    What Is a Bridging Loan?

    Sometimes, a mortgage isn’t the best way to raise money for a property. You might not even be able to get a mortgage on some properties either – and that’s where a bridging loan comes in.
    Can I get a mortgage as a contractor?

    Common Contractor Mortgage Questions Answered

    Can I get a mortgage as a contractor? Yes! Here’s the lowdown on this question and many more about contractor mortgages.
    Key worker mortgage teacher

    Mortgages for Key Workers: Are You Eligible?

    Mortgages for key workers offer special rates and deals only available to those providing a valuable service to their local, and wider, community. NHS workers, military defence staff, teachers, justice workers...
    IT contractor mortgage

    Getting a Mortgage as a Contractor

    Getting a mortgage as a contractor isn’t as hard as you may think. Here’s how you can find the best contractor mortgage deal.
    NHS mortgage

    How to Get a Mortgage as a Key Worker

    Key worker mortgage schemes help those in certain job roles to get onto the property ladder. Knowing where to look, and finding which schemes are available, is confusing. That’s why we’ve put together this quick guide to help you find the best mortgage deal as a key worker.

    Whole of market independent mortgage advice

    Here are some of the big – and small – mortgage lenders, and specialist mortgage providers, we work with to find you the best personalised deal.

    Get in touch

    Work with us how you choose: email, phone, Zoom, Whatsapp, or face-to-face meetings. It’s up to you!

    Your personal mortgage broker will explain clearly the mortgage process and from a few questions about yourself, advise you on your options.

    Let us apply for you

    Your personal broker will structure your application the right way that guarantees you the best home buying schemes mortgage deal.

    One simple questionnaire is all it takes for us to complete your paperwork for you.

    Get the mortgage

    Your advisor handles the entire application process. Liaising with your lender, solicitor and estate agent to make sure your mortgage application progresses smoothly.

    All you need to do is accept the mortgage offer and celebrate!

    Your 3 steps to a mortgage

    Why choose us
    Back To Top