The Coming Crisis for Help to Buy Homeowners When former Chancellor George Osborne introduced the Help to Buy scheme in 2013, he touted it as a revolutionary initiative to help first-time buyers get a foot on the property ladder. By providing an interest-free equity loan for 5 years, Help to… Read More »The Coming Crisis for Help to Buy Homeowners
Why Help to Buy was actually Help to Sell Help to Buy – A Well-Intentioned But Flawed Scheme That Upped Prices The Help to Buy scheme was launched by the UK government in 2013 with the aim of assisting those struggling to get onto the ever-moving property ladder. By providing… Read More »Why Help to Buy was actually Help to Sell
Help to Buy Mortgage Meltdown – Homeowners Forced to Pay 9% Interest Introduction: In a shocking administrative meltdown, the UK government’s Help to Buy scheme has left young homeowners grappling with sky-high mortgage rates and prolonged delays in essential paperwork. This catastrophe has resulted from the recent transfer of scheme… Read More »Help to Buy Mortgage Meltdown – Homeowners Forced to Pay 9% Interest
The controversial Help To Buy scheme looks likely to be expanded in breadth and extended in duration to help kick-start the housebuilding industry after the lockdown. Currently the scheme helps buyers of new build homes with an equity loan worth 20 per cent of the value of a property;… Read More »Love it or loathe it? Help To Buy to be beefed up after lockdown
