Help to Buy scheme

  • Latest property news
    Latest property news

    UK’s biggest agency pours cold water on Sunak’s housing plans

    Connells boss Jason Willetts says the PM's plan is no 'silver bullet', and the Government is still 'miles away' from hitting its housebuilding target.

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  • Latest property news
    Latest property news

    Tory help for first time buyers to be in next manifesto

    Housing secretary Michael Gove says the Conservatives must do more to help young people buy their first home.

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  • Latest property news
    Latest property news

    Help to Buy buyer waits 55 hours on phone to sort paperwork

    Homeowners with a Help to Buy loan are being forced to hold for hours after new firm takes over helpline.

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  • Latest property news
    Latest property news

    Homebuyers reject return of Help to Buy

    Research by agent comparison site GetAgent finds more than half of potential homebuyers say Help to Buy is not the answer.

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  • Housing Market
    Housing Market

    Significant rise in number of new homes in Scotland

    There has been a sharp increase in the volume of new homes built in Scotland, according to official figures. The latest housing statistics from the Scottish Government haveunveiled that the number of new homes completed across the private and social sector rose 9 per cent to 16,281 between April 2014 and March 2015, compared to the same period in 2013-14. Based on the latest data, the Scottish Government is well on track to exceed its five-year target to deliver 30,000 affordable homes by March 2016, as part of the Affordable Housing Supply Programme. Figures to the end of June 2015, show that a total of 28,048 affordable homes have now been delivered –93 per cent of the 30,000 target “By targeting resources at making private sector homes more affordable, through schemes like Help to Buy (Scotland), we have seen the number of private sector completions rise significantly,” said Scottish Housing Minister Margaret Burgess (left). House builders have welcomed the 9 nine per cent rise in the total number of new homes built across Scotland, but have called for greater early clarity on the details of the successor to the hugely successful Help to Buy (Scotland) scheme if such an increase…

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  • Housing Market
    Housing Market

    Housing market picking up despite political uncertainty

    The residential property market is showing signs of improving as “data points to a stronger pre-election housing market than we had anticipated,” according to a leading analyst. Concerns regarding a pre-election hit to the UK housing market appear to have been overemphasised, according to the investment bank, Jefferies, which has upgraded the residential property sector ahead of next month’s General Election following indications that the housing market is improving in spite of political uncertainty. The UK broking arm of the US bank estimated that residential property prices in London and the South East could fall sharply on the back of lower transaction levels. But despite a slowdown in the market, Jeffries has now changed its view on the sector, which includes listed estate agents and house builders. The reverse in views is largely thanks to a greater supply of mortgages, the Help to Buy scheme which has helped the new-build sector “punch above its weight”, and a strong lettings market which has offset the fact that fewer homes are changing hands on the sales market, helping to support estate agents in the process. Anthony Codling, property analyst at Jefferies, told the press, “The latest data points to a stronger pre-election…

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  • Features
    Housing Market

    Help to Buy – bite the bullet and get rid of it, David

    Tom Dennes, Head of Residential Agency at CPBigwood, calls for the Prime Minister to end of Help to Buy.

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