The Benefits of Repayment

Once you make a full repayment, you do not have to pay any fees.

As a result, if you make a full repayment before the fifth anniversary of buying your property, you will never have to pay any yearly fees.

For this reason we recommend that, if you can, you should consider repaying the financial help you received used to buy your home as soon as possible. The Home and Communities Agency, who originally gave you the financial help for your home, will use any money they receive from repayments to re-invest in providing further affordable homes for future first-time buyers.