Repaying your Help to Buy borrowing

If you borrowed with the benefit of a Help to Buy mortgage, the process for repaying is set out on the government website. I have also set out the process in this simple step-by-step guide.

How much you need to repay

Our equity loan administrator works out the equity loan amount you owe based on the market value of your home at the time you want to repay.

This is set by a Royal Institution of Chartered Surveyors (RICS) valuation.

The amount you repay includes interest, fees and any outstanding payments, or arrears.

We have created a document that lays out the steps you need to follow to repay your equity loan.

1. Get a surveyor’s valuation report

2. Confirm where your money is coming from

3. Find a conveyancing solicitor

4. Pay the administration fee and any arrears

5. Complete the repayment application form

Download the full step-by-step guide.