Who is eligible?
Both first-time buyers and existing home owners are eligible for the scheme. There is no limit on household income. Current home owners would need to have a sale in place on their existing property before they can reserve their Dion Home.
When do I have to
pay the loan back by?
The loan must be repaid within 25 years, or sooner if you decide to you sell your home.
Can I pay the
loan back sooner?
Yes. Your Help to Buy equity loan can be paid back at any time. You can either pay the loan back in full or make a voluntary part repayment up to a minimum of 10%. Both are calculated according the market value of the home at the time of the repayment.