Help to Buy is created to help first-time buyers unable to put together enough funds to buy their first home. It’s a scheme that offers plenty of benefits. Such as, if you want to move houses but can’t afford the necessary deposit. Based on how Help to Buy works, you can step up the property ladder, shift to build new home or exchange your existing home for a lower price without expecting interest using this scheme. These are most of the things that happen once you are accepted. Although, there are a few restrictions to expect, of course. First of all, you cannot buy a second home through this scheme. As such, you cannot own any other property when you buy a new home with Help to Buy Equity Loan. Furthermore, you cannot sublet the house you purchase through Help to Buy. In addition, you can only buy newly built homes from a Help to Buy registered home builder. Part exchanging your current home to obtain a new Help to Buy home is also restricted.