Help to Buy scheme extended

The deadline to buy a home under the current Help to Buy scheme in England has been extended to the end of May 2021.

Help to Buy makes new build homes available to all home buyers (not just first-time buyers) who wish to buy a new home but may be constrained in doing so – for example as a result of deposit requirements – but who could otherwise be expected to sustain a mortgage. Up to a maximum of 20% in England and up to 40% in London, of the purchase price is available to the buyer through an equity loan funded by the Government through Homes England. 

Help to Buy is available in England from house builders registered to offer the scheme. Help to Buy has been available since 2013.

For details of the scheme see: https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/895107/Help-to-Buy-Buyers-Guide-June2020-FINAL.pdf