What is the Help to Buy Scheme? It’s a shared equity scheme introduced by the Government, where first-time buyers can borrow up to 20% (40% if you live in London) of the cost of a new build house. This is interest free for 5 years! After the 5 year period you will...
What is Shared Ownership? It’s a housing scheme which allows you to buy a share in a home worth between 25% and 75% of the property’s market value and pay a discounted rent on the remaining share owned by the landlord or housing association. You can increase your...
The government Helps to Buy scheme could be ditched amid fears it is pushing up house prices and helping wealthy people upgrade their homes. Ministers are reportedly planning a “fundamental review” of the policy, which was introduced by David Cameron in 2013 in a bid...
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