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Help to Buy

If you have an existing Help to Buy mortgage with us you may be able to borrow more money against your property.

Important things you need to know:

  • You can borrow up to 85% of your home's value including your existing mortgage
  • If you’re repaying the equity loan in full, we’ll treat this as standard residential borrowing. Please see our residential additional borrowing products. Once the loan is repaid you’ll also be eligible to change your main mortgage product
  • We don't allow additional borrowing for debt consolidation on Help to Buy mortgages

Your property could be repossessed if you don't keep up your mortgage repayments.

2 Year Help To Buy Fixed Rate Mortgages

Initial rate fixed up to and inc. 30/09/2027Then changing to the Society's SVR less a discount of 0.75%, up to and inc. 30/09/2030, (currently)Then changing to the Society's current Standard Variable Rate (SVR) for the remaining term of the mortgageOverall cost for comparison (APRC)Maximum loan to value (LTV)Product Fee
5.20% 6.99%7.74%7.3%85%£0
Max loan amount £1,000,000
RATES CORRECT AS AT 20 june 2025

Representative Example

A mortgage of £15,000.00 payable over 25 years initially on a fixed rate for 2 years at 5.20% and then a 0.75% discount on our current Standard Variable Rate of 7.74% giving a rate of 6.99% for 3 years and then on our current Standard Variable Rate of 7.74% for the remaining 20 years would require 24 monthly payments of £89.35, 36 monthly payments of £104.78 and 240 monthly payments of £110.95.

The total amount payable would be £32,544.48 made up of the loan amount plus interest of £17,544.48 and application fee £0, product fee £0, valuation fee £0, funds transfer fee £35.

The overall cost for comparisons is 7.3% APRC representative.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.

This example has been calculated on a Capital & Interest repayment method. The monthly payments, total amount payable and interest charged all reflect this calculation method.

Additional Features

  • 10% capital repayments are allowed each year without incurring an Early Repayment Charge.
  • For fixed rates up to and including 30 September 2027 tapered Early Repayment Charges apply up to and including 30 September 2027.
  • Free standard valuation up to £999.
  • Maximum loan size £1,000,000.

Help to Buy Variable Rate

The Society's SVR applies for the term of the mortgage (currently)Overall cost for comparison (APRC)Maximum loan to value (LTV)Product Fee
7.74%8.0%75%£0
Max loan amount £600,000
RATES CORRECT AS AT 30 may 2025

Representative Example

A mortgage of £62,000 payable over 25 years on our Standard Variable Rate for the mortgage term of 25 years at our current rate of 7.74% (variable) would require 300 monthly payments of £467.42.

The total amount payable would be £140,261.22 made up of the loan amount plus interest of £782,26.22 and application fee £0, product fee £0, valuation fee £0, funds transfer fee £35.

The overall cost for comparison is 8.0% APRC representative.

This representative example assumes a mortgage completion date on the 1st day of a calendar month.

The above representative example is for illustration purposes only and may vary depending on your personal circumstances.

This example has been calculated on a Capital & Interest repayment method. The monthly payments, total amount payable and interest charged all reflect this calculation method.

Additional Features

10% capital repayments are allowed each year without incurring an Early Repayment Charge.

Free standard valuation up to £999. Maximum loan size £1,000,000.

Our mortgage calculators

Affordability calculator

Get an idea of how much you could borrow, based on your income and spending.

Repayment calculator

Work out how much you'd need to pay each month towards your mortgage.

Book an appointment

If you need help or support with an existing application, call us on 03450 505 075.

If you want to speak to someone in our mortgage team about a new application, book a telephone appointment online using the 'book an appointment' button.

During your appointment, you'll be asked some questions to help us understand your circumstances and assess affordability. Based on the information you give us, our qualified advisor will recommend the most suitable product for you.