Help to Buy - Information for Solicitors
This information is for solicitors acting on behalf of clients purchasing a home through Help to Buy: Equity Loan.
Solicitors' Pack - Help to Buy: Equity Loan
Please download the solicitors' pack (PDF) which includes information about the Help to Buy: Equity Loan scheme, legal undertakings and guidance on how to fill in the various forms.
Documents we will need before exchange of contracts
You must not arrange for exchange contracts until we have received the following items from you and issued you with our authority to exchange.
- Completed form 1 (PDF)
- Copy of your client's mortgage offer
- Valuation Report and Council of Mortgage Lenders certificate
Documents we will need before completion of sale
You must not complete the property purchase until we have received the following items from you and issued you with our authority to complete:
- Completed form 2 (PDF)
- Certificate of Title
- Indicative timescales.
Our timescales for issuing out the most important documentation are:
- Authority to exchange – three working days
- Authority to complete – two working days.
Frequently asked questions
About Help to Buy schemes
We have published a list of frequently asked questions about how Help to Buy schemes work:
We are acting for a buyer. When will we receive their approval documents?
Where do the Equity Loan funds come from?
The valuation price has come back at lower than the selling price, can we still proceed?
How long is the Authority to Proceed valid for?
Where are the equity loan funds sent to?
The figures on the mortgage offer don't match the Authority to Proceed on file, what do I need to do?
What is a Confirmation of Exchange (CEF)?
Once contracts are exchanged, how long will it take until completion?
If you have been unable to find the answer to your query, please contact us