Dreaming of owning your own home but daunted by the financial hurdles? The Help to Buy Scheme may be your gateway to homeownership. This initiative is a partnership between you, the state government, and financial institutions, designed to make your journey to property ownership smoother and more attainable.

Here’s the crux: the government chips in to reduce your mortgage, making homes more affordable. In return, the government gains a share in the property’s equity, but without requiring you to make ongoing payments for this share. You benefit from reduced upfront and long-term costs, easing the financial strain that often comes with buying a home.

This guide will walk you through the benefits, considerations, and eligibility criteria, to help you decide if the Help to Buy Scheme is the right path for you.