The Help to Buy Scheme is a government initiative in the UK designed to assist first-time homebuyers in purchasing a property. It offers financial support through equity loans, allowing buyers to secure a home with a smaller deposit. This scheme aims to make homeownership more accessible, especially in areas where property prices are high. Under the scheme, buyers can borrow up to 20% of the property's value (40% in London) from the government, which is interest-free for the first five years. This helps reduce the amount needed for a mortgage, making it easier for individuals and families to enter the housing market.