Help to Buy Mortgages
Helping your clients build a brighter future with Help to Buy

We support the Government’s Help to Buy Equity Loan scheme which enables buyers with a personal deposit of at least 5% (England and Wales) or 10% (Scotland) to purchase a new build home.

Help to Buy Equity Loans are available in England (for first-time buyers only), Scotland & Wales.

Use our mortgage calculator to work out how much your client could borrow with us.

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Discover the Kensington Difference...

Available on purchases and remortgages

Available on properties in England (including London), Scotland and Wales

Capital raising on remortgages acceptable


  • Open on a repayment basis only, to first time buyers buying a new build property
  • Personal Business Development contact 
  • Underwriter decision - not automated score
  • No application fees


For further details see our full lending criteria.
For more information on Help to Buy, visit the Help to Buy scheme website.


We can help your clients who are...
  • First time buyers looking to buy a new build property
  • People who have failed a credit score check 
  • Employed, Self-Employed and Contractors of any profession
  • People with multiple sources of income such as bonuses


Frequently Asked Questions

Find the answers to your questions about the new Help to Buy Scheme in England:

Q. What is the new Help to Buy Scheme?

A.  The new Help to Buy scheme is a government-backed scheme that replaces the previous scheme in England only.  Applicants should have the Authority to Proceed (ATP) before they submit a mortgage application. It is the responsibility of the Help to Buy agencies to check client eligibility for the new scheme.


Q. What are the main differences between the new scheme and the old one?

A.  The new scheme only applies to England. The 2 big changes that will impact your clients are:

1) The scheme is only available for first-time buyers

2) There are now regional caps on the maximum purchase price, set at 1.5x the average property price for a first-time buyer in that particular region.


Q. What is the main difference for my clients?  

A. As with the previous scheme, you'll need to explain the new scheme’s interest fee to your clients.


Q. What about Scotland and Wales?

A. The Scotland and Wales schemes are not affected by these changes. The Help to Buy Wales scheme will continue for the foreseeable future. The main Help to Buy scheme in Scotland is now closed. The Help to Buy Smaller Developers Scheme will continue in Scotland.


Q. What are the new regional price caps?

A. They start at £186,100 for a property in the North East to £600,000 in London. The caps were created by taking the average property price for a first-time buyer and multiplying it by 1.5.

RegionMax property price
North East£186,100
North West£224,400
Yorks & Humber£228,100
East Midlands£261,900
West Midlands£255,600
East England£407,400
South East£437,600
South West£349,000


Q. My clients are applying as joint applicants but one has previously owned a home ( over 10 years ago); can they still apply under the new scheme?

A. No, all applicants must be first-time buyers with no previous homeownership. The new scheme defines a first-time buyer as ‘someone who does not own, and has never owned, a home anywhere in the UK or in the world’.

Q. How does this affect Kensington’s range?

A.  Our range remains the same. You can find our latest rates in our Residential product guide.


Q. Will Kensington accept builder's contributions towards a clients deposit?  

A. Kensington will continue to accept a builder's contribution of up to 5% towards the deposit. The client needs to also deposit at least 5% from an acceptable source. The agreed selling price must be recorded on the Property Information Form (PIF) and all other documents.


Q.What is the main difference for me when placing a case?  

A. There will be no difference for you when placing a case. 

Q. Can my client switch their plot from the old scheme to this one?  

A. We understand your clients may wish to change plots due to a change in their circumstance, or due to factors outside of their control. However, Homes England has stated that as this is a brand new scheme, there can be no switching on plots from one scheme to the other.

Properties on the new scheme (where build completion will occur after 31st March 2021) will need a new application form. It's worth noting the new Help to Buy Scheme will have some different documentation to the old scheme.


Q. Can my client apply for the new Help to Buy scheme but on the terms of the old scheme if their house will complete before 31st March?

A. No, first legal completion on the new Help to Buy scheme is 1st April 2021.


Q. My clients’ reserved plot has been delayed, can they have an extension on the deadline?

A. If your client had their reservation in place before 30th June 2020, Homes England will work to assess their situation and look to provide an extension where necessary. In these cases, they will have until 31 May 2021 to legally complete.

If your client did not have their reservation secured before 30th June 2020, they will need to reapply under the new scheme.


Can we help your other clients?

Affordability based on latest year's accounts

No restrictions on professions

Multiple income streams considered

Self-employed Mortgages 

Up to 85% LTV

Limited Company assessed on SPV portfolio only

Maximum age at application: 70

View Buy to Let Guide 
Have a case to discuss gesture
Contact our BDM unit
New enquiries
0800 111 020
Existing cases
03444 99 00 11
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You can submit your client's mortgage application by registering your company using our online portal.

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Kensington and Kensington Mortgages are trading names of Kensington Mortgage Company Limited (registered in England & Wales No. 03049877), which has its registered office address at: Ascot House, Maidenhead Office Park, Maidenhead SL6 3QQ.

Kensington Mortgage Company Limited is authorised and regulated by the Financial Conduct Authority (Firm Reference No. 310336). Some investment mortgage contracts are not regulated by the Financial Conduct Authority.