Remortgaging your Help to Buy property

When your Help to Buy (HTB) fixed-rate mortgage ends, you'll roll onto your lender's standard variable rate (SVR), which is typically 2-3% higher. That's why it's crucial to start your remortgage process 2-3 months before your fixed rate ends. This gives you time to explore your options, compare rates, and arrange everything without rushing. You can either remortgage with the government equity loan still in place (usually requiring a lender familiar with HTB), or repay the equity loan and remortgage on standard residential terms. Use our mortgage calculator to compare both options. After the first 5 years, your equity loan accrues interest at 1.75% for year 6, then RPI + 1% annually. Starting early means you can get mortgage quotes, compare rates, and secure the best deal before your current rate expires.

Yes, you can remortgage while keeping the government's equity loan. However, not all lenders accept Help to Buy (HTB) properties with the equity loan still attached. You'll need a lender experienced with HTB remortgages. The mortgage rates may be slightly different than standard remortgages because you're only mortgaging a portion of the property value (the rest being your deposit and equity loan). Our mortgage calculator shows what you'd pay, and we can get you quotes from HTB-specialist lenders. Many homeowners keep the equity loan and remortgage if they can't afford to repay the loan amount yet. We compare the whole market to find you the best rates for your situation.

It depends on your finances and property value. Repaying the equity loan (which is a percentage of your property's CURRENT value) gives you access to better mortgage rates and more lender choice. However, if your property has increased significantly in value, the loan repayment amount could be substantial. You need to compare: keeping the equity loan and paying 1.75% + RPI + 1% interest on it, versus repaying it to access better mortgage rates. Get mortgage quotes for both scenarios to see which saves you more money. Some homeowners do a partial repayment to reduce the equity loan interest while keeping some liquidity. We'll help you work out what makes financial sense for your specific loan percentage.

Mortgage rates for Help to Buy (HTB) remortgages vary significantly by lender, product type, and your individual circumstances including credit score and equity level. If you're keeping the equity loan, fewer lenders offer HTB remortgages, which can affect the rates available to you. If you repay the equity loan, you'll access the full range of standard remortgage products and rates. Use our mortgage calculator to see the impact on your monthly payments. Get instant mortgage quotes from lenders experienced with HTB to compare your options. We search the whole market including HTB specialists to find you competitive rates based on current market conditions.

Your Help to Buy equity loan was interest-free for the first 5 years. From year 6 you pay 1.75% interest on the amount you still owe (the outstanding equity loan balance). From year 7, the rate increases each April by RPI (Retail Price Index) + 1%. Interest is charged on the outstanding loan balance — not your home's current value. When you redeem (partly or in full), the amount due is your loan percentage of the property's current market value. Our calculator can help you compare keeping the equity loan versus repaying some or all of it.

Yes, highly recommended. Help to Buy (HTB) remortgages are more complex than standard remortgages, especially if you're keeping the equity loan. Not all lenders offer HTB remortgages, and some have better rates than others. A specialist broker knows which lenders to approach, can get you mortgage quotes from HTB-experienced lenders you can't access directly, and can advise whether to keep or repay the equity loan. Our service is completely free - we're paid by lenders. We'll use our mortgage calculator to model different scenarios, get you competitive quotes from the whole market, and guide you through the decision. Most of our HTB clients save hundreds per month by accessing better remortgage rates and making informed decisions about the equity loan.