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Help To Buy In Leicester
And Current Alternatives

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Help To Buy In Leicester
And Current Alternatives

England’s Help to Buy Equity Loan scheme is closed to new applications. We can explain alternatives and mortgage options for existing borrowers.

0116 296 2977

Help To Buy In Leicester: Existing Loans And Alternatives

You can no longer apply for a Help to Buy Equity Loan for a property in Leicester. The scheme in England is closed to new applications.

If you already own a Help to Buy home, we can explain your mortgage options when your deal ends or you want to repay some or all of the equity loan.

Our mortgage advisors in Leicester can also help buyers assess current alternatives, subject to eligibility and affordability.

Help To Buy In Leicester<br>And Current Alternatives

What Are The Alternatives To Help To Buy?

Shared Ownership, a Lifetime ISA and low-deposit mortgages may help some buyers, depending on their circumstances. These are separate options with their own rules, rather than parts of the closed Equity Loan scheme.

We can review your deposit, income and plans to explain which options may be suitable before you apply.

What Happened To Help To Buy?

England’s Help to Buy Equity Loan scheme stopped accepting new applications in 2022 and has closed. Existing borrowers still need to manage their loans under the scheme terms, including interest, fees and repayment requirements.

Wales has a separate Help to Buy scheme with different rules. It is incorrect to describe every Help to Buy scheme throughout the UK as closed.

For buyers in Leicester, we can explain current alternatives and mortgage options. Existing Help to Buy homeowners can also review their mortgage or explore repaying their equity loan.

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Important information

Your home may be repossessed if you do not keep up repayments on your mortgage.

There may be a fee for mortgage advice. The fee is up to 1% but a typical fee is £495.

Help To Buy And Alternative Scheme FAQs

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Our Simple Step by Step Process

Free Initial Mortgage Appointment

Free Initial Mortgage Appointment

Step 1

During your free initial mortgage appointment, we will review your income, expenditure and deposit, then explain any mortgage or scheme options that may suit you.

We Can Search 1000s of Mortgage Deals

We Can Search 1000s of Mortgage Deals

Step 2

Our dedicated team will conduct an extensive search of 1000 mortgage products to find the one that suits your specific needs. Moreover, we will guide you through the process, from start to finish.

Submit Your Mortgage Application

Submit Your Mortgage Application

Step 3

Once your offer is accepted, we will diligently submit your complete mortgage application and all relevant documents to the lender. Throughout this process, your dedicated case manager will keep you informed of every step, from the mortgage offer to the final completion and beyond.

Protecting You and Your Mortgage

Protecting You and Your Mortgage

Step 4

Our commitment to you extends beyond simply securing the most suitable mortgage deal. We will also provide recommendations for relevant insurance options to safeguard you and your loved ones. Additionally, we will be proactive in reaching out to you as your mortgage deal approaches its end, ensuring that you always have the most suitable arrangement in place. Your financial well-being is our priority, and we are here to support you every step of the way.

Reasons to Choose Us

Free Initial Mortgage Appointment

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As a Mortgage Broker in Leicester, we have rich experience and knowledge in providing Mortgage Advice in Leicester. From the first initial contact to obtaining the keys to their new home, every customer is guided by our dedicated mortgage advice to get them through the full mortgage process.

1000's of Deals

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Your free initial mortgage appointment will involve you meeting your dedicated Mortgage Advisor in Leicester who will guide you through all your documentation in order for you to have an idea of the balance you will be paying monthly for your mortgage deal.

Our team love to help customers beyond the mortgage process which is why we are available to you if you are looking into surveyors or solicitors. We can provide the advice you need for this as well as discussing what you may require for that.

Our Service

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We can help buyers assess current options and existing Help to Buy homeowners review their mortgages. Once you have found a property, we can check its mortgage requirements and any scheme conditions, then prepare the application with you.

7 Days a Week

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Speak to us today to get yourself booked in for your free initial mortgage appointment to chat with one of our knowledgeable mortgage advisors in Leicester, who will be your helping hand throughout the mortgage journey being there every step of the way.

Malcolm and Amy Davidson - Mortgage Advice in Newcastle

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The Home Buying App

Our Home Buying App is a digital mortgage coach designed to help you save up, plan, and track your home buying journey – whether you’re buying your first home, or fancy a move.

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Leicestermoneyman is a trading name of UKMM Limited, which is an appointed representative of Mortgage Advice Bureau (Derby) Limited, who are authorised and regulated by the Financial Conduct Authority.

UKMM Limited is Registered in England, No. 16541342 | Registered Address: Capital House, Pride Place, Pride Park, Derby, England, DE24 8QR.

© Leicestermoneyman 2009–2026

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