The government have introduced a range of schemes to try and benefit first-time buyers and those struggling to compete financially in a vastly competitive housing market.

One such initiative is the Help to Buy: Equity Loan scheme, where the government will lend homebuyers up to 20% of the cost of a newly built home, and up to 40% in London – with shared ownership being another option for first-time purchasers, or those with limited incomes.

In most cases, once you have successfully applied and been approved for the scheme, the conveyancing process is the same as for any other new build or leasehold property transaction – as in the majority of situations, these types of schemes work with new housing developments.

We have the experience necessary to help those looking to use the full range of these schemes, supporting them through their property transaction and securing them their new home.

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Our property experts have put together some frequently asked questions about the Help to Buy and Shared Ownership schemes.

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The Law Society awards accreditations to legal practices and solicitors who meet the highest standards of technical expertise and client service in specific areas of law. We are members of their Conveyancing Quality Scheme (CQS), which is the recognised quality mark for legal experts in buying or selling property, and is trusted by some of the UK’s biggest lenders.

We couldn’t recommend Fosters highly enough. They answered all our questions comprehensively and were extremely patient. We would like to thank them for all their time, support and guidance.
Client feedback 2021