How to repay the Help to Buy loan! | How much does it cost to repay the Help to Buy Equity Loan?

In this video, I talk about how to repay the Help to Buy Equity Loan and how much it costs. I explain the repayment rules and process, which is managed by Target Services Ltd.

CONTENT
Welcome 00:00
Introduction 02:37
When does it need to be paid back? 02:37
Can you repay the loan in instalments? 03:23
Repayment options 04:26
Redemption process 07:08
Costs 10:09
Final thoughts 10:32

RELATED VIDEOS
Help to Buy Equity Loan Changes from April 2021 - https://youtu.be/eWV8LtRfWsY
Are you better off without the Help to Buy Equity Loan? Worked example with costs! - https://youtu.be/RR9liErWtmI

ABOUT ME
I'm Lemuel. I'm not a financial advisor. I'm not an expert. I'm just a regular guy that enjoys talking about how we can do better with money.
If you want to learn more about how you can do better with money, then subscribe to the channel and hit the notification bell so you get an alert whenever I upload a video.

LINKS/ TOOLS USED
Find a surveyor - https://www.ricsfirms.com/
Find a solicitor - https://solicitors.lawsociety.org.uk/
Customer Information Pack - https://www.myfirsthome.org.uk/wp-content/uploads/2016/12/CUSTINFO-Approved-29Nov2016.pdf
Money Advice Service - https://www.moneyadviceservice.org.uk/en/articles/help-to-buy-scheme-everything-you-need-to-know

TOPICS
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