Pay back the help to buy loan.

As a firm of RICS Registered Surveyors RJ Harmer specialise in providing the advice required to pay back the help to buy loan

Help to buy is a government scheme for first-time buyers. It provides a loan, called an equity loan, that you put towards the cost of buying a new build.

It is the Homes and Communities Agency (trading as Homes England), who provide the equity loans. They are a government agency funded by the Ministry of Housing, Communities and Local Government.

From April 2021 to March 2023, the rules surrounding these Help to Buy loans changed and there are now certain maximum property prices for differing geographical locations. You cannot change or negotiate this maximum. Your homebuilder will be able to confirm if the home you want to buy is within the price range.

From 1 April 2013 to 31 December 2020

313,043 properties were bought with an equity (Help to buy) loan.

The total value of these equity loans so far totals £18.9 billion.

The value of the properties sold under the scheme totals £86 billion.

(Information dated 31st December 2020 and provided by

This ultimately means that there will be a significant requirement to pay back help to buy loans. It is not easy to find out how to do this but we as a firm of RICS Registered Surveyors specialise in providing the advice required to pay back the help to buy loan and how to specifically deal with Target – who operate the administration of the paying back of your help to buy loan.

Part of the requirement to pay back your help to buy involves the need for a help to buy valuation sometimes referred to as a help to buy survey to be carried out by an RICS Registered valuer.

Help to buy Valuation service

We as a family run firm specialise in providing this valuation service as well as providing the advice required for dealing with Target and the submission of the valuation along with the relevant documentation.

If you require further information or advice – or wish to book a help to buy valuation then please contact us

RJHarmer Ltd is a RICS registered Surveyor