Main residence or buying to rent? Different loans

  Main residence only: the zero rate loan, like the PAS, the 1% loan and the public employee loan, applies exclusively to the purchase of the borrower's main residence, who must occupy it for a minimum of eight months of the year. There are two exceptions where letting the property is permitted, subject to certain conditions: if you are forced to leave your home for professional or family reasons, or if you are buying your dream home for your retirement (which must begin no more than six years later).

 Main residence or buying to rent: under certain conditions the subsidised loan can also be used to buy a property used as the main residence of a tenant. These conditions do not apply in the case of the homebuyer's loan.

 Second home: the only loan available is an ordinary bank loan

 If you want to buy land only: you can only take out an ordinary bank loan, or in some cases the 1% employer loan.