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The Latest Breaking News from Help to Buy

Budget 2024: will Labour help Londoners get on the property ladder?

The young are hoping for a rabbit out of the hat in the Budget that will let them buy a home at last

Evening Standard

Labor’s Help to Buy housing bill is darkening parliament’s doors again. Will this time be any different?

For each of the parties, the debate has little to do with the number of people in the scheme or their finances. It has become a political symbol

The Guardian - AU

Phil Spencer: 'The Government must do more to improve the situation for landlords and downsizers'

London’s housing market is stuck in a vicious cycle of unaffordability, red tape, and inertia, and the Government must make controversial tax decisions to liberate it, according to one of the UK’s best known property pundits.

Evening Standard

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PM rejects claim his government ‘mired in mediocrity’ as he defends record on gambling and housing crises

Anthony Albanese tells ABC ‘the problem isn’t advertising, the problem is gambling’

The Guardian - AU

Housing bill explained: what’s at the heart of the bitter standoff between Labor, Greens and Coalition?

Anthony Albanese has not ruled out a double dissolution to get a key piece of legislation – Help to Buy – through the deadlocked Senate. Here’s what you need to know

The Guardian - AU

New bid to nail down housing bill as talks hit the wall

A key housing bill will be pushed back into parliament despite the government, the opposition and the Greens reaching a stalemate in negotiations.

AAP

Labor faces a fight on housing. Could negative gearing reform help it get its groove back?

Housing affordability is an issue voters care about – and Labor needs more than just scares about Peter Dutton

The Guardian - AU

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Should Australia recognise housing as a human right? Two crossbenchers are taking up the cause

The Australian Human Rights Commission thinks so, including it in a list of rights that should receive legislative protection

The Guardian - AU

General election 2024: Labour and the Conservatives’s plans to tackle the housing crisis in full

A guide to the main parties’ manifesto promises on housing

The Independent UK

Tory manifesto: pledge to revive Help to Buy scheme 'devoid of imagination' say property experts

The manifesto also promises to scrap stamp duty for some first-time buyers, but no word on non-doms

Evening Standard

Conservatives pledge to support first-time buyers and build 1.6m homes

The manifesto promises to make stamp duty cuts for first-time buyers permanent and deliver 1.6 million homes in England over the next Parliament.

The Independent UK

Tax cuts, help to buy and stamp duty: Key takeaways from the Conservatives’ general election manifesto

Rishi Sunak claimed his party are the only ones ‘with the big ideas to make our country a better place to live”.

The Independent UK

Help to Buy: Labor promises to ‘open the door of home ownership’ – but does the contentious scheme stack up?

The Albanese government faces a political fight as the Greens and Coalition have already shared their distaste for the idea – for different reasons

The Guardian - AU

Australia’s Help to Buy scheme will help but won’t solve the housing crisis

The scheme isn’t everything, but it would be a good start to helps renters — particularly older renters — buy a home.

Crikey

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Evening Standard

London first-time buyers: where to find cheaper, bigger new build homes

High house prices, outer London locations and the wrong type of home is turning off first time buyers

Evening Standard

London leavers: 'we sold our tiny Bermondsey flat and bought a £700k Victorian house in Brighton'

Paul Tickner and David Lucas's Help to Buy home was bursting at the seems during lockdown, so they moved to find more space by the sea

Evening Standard

Help to Save: could the Lifetime ISA price cap be lifted to help London’s first-time buyers?

Chancellor Jeremy Hunt is considering an autumn statement that could benefit Londoners looking to get on the property ladder – but more Help to Buy is off the table

Evening Standard

Sadiq Khan urges support for Help to Buy homeowners

The mayor said Help to Buy homeowners are ‘facing growing levels of economic insecurity’

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Evening Standard

Housebuilder Bellway looks to reduce headcount and warns legal completions set to fall ‘materially’

The update comes in the same week Bellway said it is consulting on the closure of its London partnerships arm

Evening Standard

What are affordable housing schemes and who is eligible?

An investigation has found that people who earn north of £30,000 have been told they do not have enough money to meet the requirements for affordable housing schemes.

Evening Standard

London house prices will fall, but they won’t crash

City comment: The appeal of a home in Chelsea, Hampstead or Notting Hill is timeless

The Guardian - UK

UK homeowners in limbo as help to buy firm won’t answer phone

Frustrated borrowers unable to sell or remortgage as company running loan scheme leaves them on hold

Evening Standard

Cladding crisis: safety concerns, stalled sales and a hunt for cash buyers — meet the Londoners still stuck in unsellable homes

Almost six years since the fire at Grenfell Tower, thousands of Londoners are still living in unmortgageable and potentially dangerous homes

Evening Standard

Barratt points to signs of recovery in UK housing market, with profits on track to hit forecasts

Barratt Developments has said sales have picked up and it will meet City profit expectations, with the UK’s largest housebuilder adding to signs of a recovery in the residential market.

Manchester Evening News

What is Help to Buy and will Rishi Sunak bring it back for first-time buyers?

The government scheme first launched back in 2013 but was closed to new applicants last year

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