The UK government is always committed to supporting people who want to become homeowners. The government is helping over 681,000 households to purchase a home since 2010. For this purpose, the government has initiated many government-backed schemes including Help to Buy and Right to Buy. However, many hard-working households are still unable to go onto the…
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Boris Johnson has announced a 5% mortgage deposits plan for first-time buyers to transform “generation rent” into “generation buy”. Speaking at the Conservative Party Conference, he promised that the plan would create 2 million more owner-occupiers in the UK. The pledge was one of a series of ambitious promises in the prime minister’s speech to…
The government is planning to extend the Help to Buy scheme due to purchase delays caused by the pandemic. Delays in UK housebuilding caused by the pandemic have forced the government to consider to extend its help-to-buy scheme. The chancellor is considering whether to back a proposal supported by the housing minister, Robert Jenrick and…
The government is considering extending the Help to Buy scheme. The scheme will enable more people to take advantage of an equity loan to support them onto the property ladder. The Help to Buy scheme offers an equity loan to the first-time buyers and existing homeowners money to buy a newly-built home. Help to…