Which condition applies to Help to Buy Equity Loan?

• A. It can be used for buy-to-let properties.
• B. It does not require occupancy by the buyer.
• C. It is available for properties of any value.
• D. It must be the only property owned and will be occupied by the buyer.

Answer: (D)

Help to Buy Equity Loan is designed to help someone buy a home to live in, not to invest in property. A key condition is that the property purchased with the equity loan must be the buyer’s main residence and they must not own another property at the time. That’s why the correct statement is that it must be the only property owned and will be occupied by the buyer.

The other options fail because this scheme isn’t for buy-to-let, occupancy is required, and there are value limits on qualifying properties—it's not available for properties of any value.