There is no housing bubble in the UK as a result of Help to Buy, according to a new publication. The Institute for Fiscal Studies' Green Budget 2014 report claims the government's flagship housing policy has not caused a housing bubble, although [...]
George Osborne has called for people to be vigilant about the prospect of a housing bubble, which many are saying is being fuelled by Help to Buy. "Absolutely we should be vigilant and we have created in the Bank of England the [...]
Monmouthshire Building Society has joined the Help to Buy scheme in Wales. It is offering two different mortgage products for aspirant first-time buyers. The first is a three-year fixed rate mortgage with an interest rate of 2.95 per cent, while the second [...]
Taylor Wimpey has called for the industry to start weaning itself off Help to Buy. Group land and planning director Peter Andrew praised the government's flagship housing scheme, calling it the "shot in the arm" the housebuilding industry needed, according to Construction [...]
Housebuilder Crest Nicholson has asked the government to provide guidance about the Help to Buy scheme. The flagship housing policy is set to end in 2016 and has helped to rejuvenate housebuilding rates. However, Crest Nicholson and others are concerned these rates [...]
Almost 13,000 homebuyers took out loans in the first nine months of the Help to Buy scheme. The government's flagship housing policy is creating 46 new homeowners every day, according to new figures. There have been 12,875 sales of newly-built properties since [...]
The Bank of England has refuted the idea it is intending to change part of the Help to Buy scheme. Robert Peston, the BBC's business editor, claimed the Bank's governor Mark Carney was considering lowering the maximum price of property from £600,000 [...]
Many of those who are hoping to buy a property through the Help to Buy scheme remain unaware of what the process requires of them. The figures reveal that only 40 per cent of aspirant first-time buyers are registered on the electoral [...]
A credit agency has added its voice to the concerns that Help to Buy could be causing a housing bubble. Credit rating agency Fitch argued that a combination of low interest rates and the Help to Buy scheme has created an increase [...]
Hundreds of people are reaping the benefits of the Help to Buy scheme in Scotland. According to new figures released by the government, there have been more than 1,200 applications for the government initiative, with 203 having successfully been given a mortgage [...]