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Buying Your New Build Home

Whether you are a first time buyer or a home mover, Just Mortgages is dedicated to helping you purchase your new build home.  Your Just Mortgages Adviser will assist you throughout the home buying process to ensure you receive the right guidance and advice.

We have a Specialist New Build Mortgages Team

All Just Mortgages Advisers are professionally qualified. In addition to this our New Build Mortgage Specialists receive bespoke training on the New Build process before offering any advice on purchases.  All our advisers are locally based and we are happy to meet you at your home or on your New Build development, whichever is most convenient for you.

Our New Build team is available 7 days a week. This means that you can call us any time to discuss your mortgage or any other matter relating to your purchase.
We will ensure both you and the developer are updated every step of the way from reservation to moving day.  

Help to Buy Scheme 

For the first five years after purchase there are no loan fees on the Help to Buy: Equity Loan, but if you sell you do have to repay the loan percentage at the price at which the property sells for example, if a property sold for £210,000, you’d get £168,000 (80%), from your mortgage and the cash deposit and you’d pay back £42,000 on the loan (20%). You’d need to pay off your mortgage with your share of the money.This scheme allows you to buy a New Build property with an equity loan from the government under the Help to Buy:Equity Loan. The equity loan is a maximum of 20% of the property value (to a maximum property value of £600,000) with a minimum personal deposit of 5%. We will guide you through the process and tell you if you qualify and how much you can afford to purchase at under this scheme. We will then recommend the most suitable lender and mortgage product for you from our panel of lenders that support the Help to Buy scheme.

To reflect the current property prices in London, the Government gives home-buyers within Greater
London from 20% to 40%.

As well as the Help to Buy scheme there are other ways of buying your New Build home if you have a small deposit. If your deposit is 10% or less some lenders will place a restriction on what deals they will offer you to help you purchase your New Build home. Just Mortgages are New Build specialists. We have access to some exclusive mortgage products which may not be available through other advisers.

Shared Ownership

When you buy a home through a shared ownership scheme you buy a share of the property and pay rent on the rest.

The share you can buy is usually between 25% and 75%. You can buy a 10% share on some homes.


You can buy a home through shared ownership if both of the following apply:

  • your household earns £80,000 a year or less (£90,000 a year or less in London)
  • you cannot afford all of the deposit and mortgage payments for a home that meets your needs

One of the following must also be true:

  • you’re a first-time buyer
  • you used to own a home, but cannot afford to buy one now
  • you own a home and want to move but cannot afford a new home suitable for your needs
  • you’re forming a new household - for example, after a relationship breakdown
  • you’re an existing shared owner and want to move

Some shared ownership homes in a ‘designated protected area’ are only available to buy if you have a connection to the area. If you buy one of these homes, you:

  • may only be able to buy a share of up to 80%
  • must sell it back to the landlord or a buyer nominated by the landlord - you cannot sell your home on the open market

How to apply

To buy a shared ownership home, you need to register with the Help to Buy agent in the area where you want to live.


Find out how to register and apply for shared ownership in the north.

Telephone: 0300 790 0570
Find out about call charges

Midlands and London

Find out how to register and apply for shared ownership in the Midlands and London.

Telephone: 0333 321 4044
Find out about call charges

South (excluding London)

Find out how to register and apply for shared ownership in the south.

Telephone: 0800 456 1188
Find out about call charges

What happens next?

  • Take advice FIRST, from a specialist like Just Mortgages. There is no point setting your heart on something your pocket can not afford.
  • After taking advice and knowing your affordability, choose and reserve the property that suits you.  The New Build site office will help you.
  • Make an appointment with your Just Mortgage Specialist to arrange your mortgage as soon as possible. Developers normally require you to exchange within 28 days of reservation date.
  • You will need to instruct a solicitor and will be required to pay some fees upfront. Your solicitor should be familiar with the New Build purchase process. We can recommend a solicitor for you.
  • Once the solicitor has received your mortgage offer from the lender and completed the necessary searches you will exchange contracts with the developer on your chosen property.
  • You will soon be ready to move into your new home. Depending on the build schedule the developer may give you an estimated date. It is important to liaise closely with the developer and your solicitors on finalising this date.

Specialist support

Our Mortgage Administration Centre provides you further support too. We appoint a dedicated person to support you and your mortgage application, from start to finish. This enables us to keep close control over your mortgage applications, ensuring your exchange deadline is met.

We understand that your personal circumstances and financial requirements may change over time, so our Just Mortgages Client Services Team will stay in contact to provide continuous support for as long as you need us.

Contact one of our specialist New Build Advisers and start your journey with us.