Disclaimer

To be eligible for the Help to Buy London scheme, the property being bought must be a new build from a house builder that has signed up for the scheme and be located in one of the 33 London boroughs. Open to all UK residents aged 18 and over. Repayment of the mortgage is on a capital and interest basis.

You must be planning to live in your house (i.e. it will be your main residence). You must not own any other property at the time you buy your new home.

The Help to Buy London scheme is an extension of the existing Help to Buy Shared Equity scheme. Customers will also be able to apply for RBS and NatWest's existing Help to Buy shared equity mortgage deal and the same criteria will apply.

Your home may be repossessed if you do not keep up repayments on your mortgage.

This is article is for media use only and is not a financial promotion.

The Royal Bank of Scotland Group plc issued this content on 04 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 04 February 2016 13:17:17 UTC

Original Document: http://www.rbs.com/news/2016/february/natwest-and-royal-bank-of-scotland-help-first-time-buyers-in-lon.html