help to buy schemes using more then one at a time

weeziegirl08

good afternoon.

was wondering if i could get a definite answer whether you can use multiple help to buy schemes at one time. ive tried googling but cant find the answer. we may be able to get the Halifax family boost account (pre covid) but can we use that with say the part buy scheme or anything else. we arent looking for hand outs we just want to know what we can and cant do

thank you

tim_london

Help to buy equity loan and their related mortgages specifies that 5% must be your money.  Therefore you cannot use it in conjunction with 'Halifax family boost' or similar bank schemes where your family's money is still technically theirs.  They can however gift you the money and sign a form to say they want nothing back.  (Nothing stopping you gifting the money back as payback, just a legal thing)

weeziegirl08

Thank you for replying

thats what we were afraid of. but its nice to have a firm answer. what about the shared ownership do you know if we can use the Halifax family boost? they never said either way

thank you again fro replying