Revealed: our pick of the top London borough for Help to Buy

Thinking of settling in the capital with the help of the government help-to-buy scheme? This is the borough to watch

Small red houses balanced on top of pound coins

London is notoriously expensive to both buy and rent it, and the government's Help to Buy scheme is particularly helpful given the capital's exorbitant property prices. 

With a 5 per cent deposit, a first-time London buyer (or home owner looking to move), can get an equity loan of up to 40 per cent from the government, on top of a 55 per cent loan from a commercial mortgage lender. 

However, the scheme only applies to properties in new builds, with a value of under £600,000. So, if you are considering Help to Buy in London, you are looking at relocating, usually outside zone 2, since there are far more new developments in London's outer boroughs. 

From Harrow to Croydon, there are lots of properties available in different parts of the city, but if we had to choose, we'd pick north London's Barnet as the top help-to-buy London borough. 

Why? Transport links into central London are good (assuming you don't mind travelling on the Northern Line; local schools are excellent – and for future reference, there are secondary grammars – and there's a decent high street, plus Barnet has plenty of green spaces nearby and a good-sized hospital. The new builds themselves are beautiful, too – just have a look at this 2-bedroom flat available on the scheme.