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The Latest Breaking News from Help to Buy

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

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

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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’

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

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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

Evening Standard

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

The Guardian - UK

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.

Evening Standard

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

Manchester Evening News

Help to Buy could return as Tories try to woo first-time buyers

Labour accuses ministers of abandoning ‘a whole generation’

The Independent UK

Major savings shake-up could hit thousands of savers - see who will be affected

Help to Save is a type of savings account offered by the Government, available to low income workers who are claiming certain benefits - here is everything you need to know

Daily Mirror

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Evening Standard

New home building plummets in London as Help to Buy scheme ends

As the deadline passes for completing home purchases using the government equity support scheme, analysis shows the impact on the pipeline of properties in the capital

The Guardian - UK

10 years on, what did George Osborne’s Help to Buy scheme really achieve?

Osborne says the scheme, which closes Friday, ‘helped hundreds of thousands of families’, but critics argue it was ‘only a gimmick’

Birmingham Post

Steep drop in reservations for Bellway as it launches £100m share buyback

The developer pointed to signs of recovery in the housing market as it hopes to deliver 11,000 homes this year

Liverpool Echo

Help to Buy loan warning issued as scheme set to end

Alternatives to the scheme are available

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Wales Online

Help to Buy scheme extended by Welsh Government until 2025

The deadline for applying to the scheme has been extended

Manchester Evening News

The price to rent a Manchester city centre apartment is rising faster than anywhere outside London... but why?

The end of Help to Buy in October and the rise in mortgage rates following September's mini-Budget have been blamed

Manchester Evening News

First-time buyers have just weeks left to take advantage of government loan scheme

The scheme helps people get onto the property ladder with a five percent deposit - but the closing date is looming

Wales Online

The five big changes to your money coming in March

From rail fare rises to changes to Help to Buy the upcoming changes could make a big differences to your finances

Birmingham Post

Persimmon warns of falling sales as mortgage rises and economic woes weigh on consumer confidence

The FTSE100 builder said it had seen demand drop off in the final part of last year

Wales Online

Help to Buy Wales is extended for another two years - with a higher price cap

A new version of the scheme with a higher price cap is set to be introduced in April and will be available to applications until March 2025

Evening Standard

‘We still feel stranded’: despite Help to Buy extension many buyers will lose money and miss out on homes

After Homes & Property revealed hundred of Londoners would miss the Help to Buy deadline due to buliding delays, the government announced an extension. But many buyers still stand to miss out

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