Help to Buy Repayment FAQs

Alongside the loan repayment itself (based on your property's current value), you'll pay for a RICS valuation report, a £200 administration fee to Homes England, and conveyancing fees. Threemo's fixed conveyancing fees start from £699, with nothing to pay upfront and nothing to pay if your case doesn't complete.

You repay the same percentage share of your home's current market value that you originally borrowed — not a fixed cash amount. This is set by a RICS valuation.

Yes. Part repayments must be at least 10% of the full repayment amount, and your remaining equity loan share must stay at 5% or above.

If you're fully repaying when you remortgage, no permission is needed. If you're partially repaying when you remortgage, or increasing your mortgage borrowing, you will need their permission first.

3 months from the date it's issued. If it expires before you complete, you'll need a desktop valuation from the same surveyor to extend it a further 3 months.

This usually happens if the report doesn't meet their formatting requirements, or the value looks too high or low compared to similar properties. You'll need to commission and pay for a new report.

The President of RICS can appoint a surveyor to produce a final, binding valuation under the terms of your equity loan agreement.

Yes — you must continue paying your Help to Buy management fees and monthly interest until the repayment completes in full.

Once Homes England has received your valuation, application form, and administration fee, they issue a redemption letter confirming exactly how much you owe, including any interest, fees, and arrears.

This appears on any letter Homes England has previously sent you. If you can't find it, contact their Customer Service Team directly.

Once funds are received and confirmed, Homes England arranges for the Help to Buy charge to be removed from your property's title at the Land Registry.