Existing homeowners also qualify for the Help to Buy scheme. Although the housing scheme is primarily intended for first-time buyers. They also consider homeowners who want to find a cheaper housing option and move houses. However, one rule to qualify for the Help to Buy scheme you will need to sell your current home. This has to be done prior to the purchase of your new Help to Buy home. This is because you can’t have a second home through the Help to Buy home scheme. This home has to become your primary residence. In accordance with that, you will need to dispose of your existing property. This has to be done before the purchase of your new home is set. With this, you can still qualify for the regulations of the Help to Buy scheme. Also be sure to have your funds ready for the necessary required cash deposit.