We could be entering a period of opportunity for first-time buyers. Market conditions could be perfect for people looking to buy their first home. Buyers are able to take advantage of cheap mortgage rates and the weakening housing market. Additionally, as a first-time buyer, you can still make use of the government’s Help to Buy [...]
Recent figures released by the government show that over 300,000 home have been brought with the help of initiatives. This may have been with help through the equity loan scheme, shared ownership or the Help to Buy ISA. What is Help to Buy? The Help to Buy, equity loan scheme, allows buyers to borrow a [...]
Launched in 2013 the Help to Buy mortgage scheme was meant to “help anyone who works hard and aspires to own their own home has that opportunity” So said the then economic secretary to the Treasury, Stephen Barclay. How does Help to Buy work. With the Help to Buy equity loan the government will lend you up [...]
Recent statistics from the HM Treasury reveal more than 62,000 property completions have been supported by the Help to Buy ISA scheme. The Help to Buy ISA was launched in December 2015 with initial only a few institutions supporting it. Now the number of banks, building societies and credit unions supporting this initiative is slowly [...]
