A financial expert has called for the Help to Buy scheme to end in London, as house prices have reached an "absurd" level. Nigel Wilson, chief executive of the insurance and investment giant Legal and General, told the Sunday Telegraph that prices were [...]
The chief of housebuilding firm Taylor Wimpey has warned against the extension of the Help to Buy scheme. While the scheme is scheduled to finish in 2016, although George Osborne is yet to rule out its prolongation. Pete Redfern told the Independent: [...]
Housebuilder Barratt Developments has said its sales have been lifted by Help to Buy. The group completed 6,195 new builds in the six months to the end of 2013, which is a 19 per cent increase on last year's figure. Its average [...]
Demand for mortgages has risen at the fastest rate for six years, according to new figures. The government's Help to Buy scheme has been accredited with this boost in mortgages due to its five per cent deposit requirement, making it easier for [...]
Two new lenders have joined the government's flagship Help to Buy housing policy. Mortgages were made available yesterday (January 9th) by Santander, while the Post Office has announced its intention to offer such products in the near future. Santander will offer a [...]
The UK's biggest housebuilder is reporting a "strong finish" to 2013. Persimmon reports that its revenues, housebuilding, completions and selling price all rose in the second half of 2013. It has built 30 per cent more houses (6,506 in total) than it [...]
It has been revealed that the single mother who starred in Help to Buy campaign photos with David Cameron actually bought her flat through the estate agent where she works. Sharon Ray posed for pictures with her two-year-old daughter and the prime [...]
The prime minister has denied that the Help to Buy scheme is fuelling a housing bubble. After it was revealed that the number of offers made has doubled in the last month, David Cameron has defended the government's flagship housing policy. Responding [...]
The number of people who have applied for Help to Buy mortgages in the last month has doubled. David Cameron announced today (January 2nd) that the government-guaranteed scheme attracted 4,000 applications last month, in comparison to 2,000 the month before. The prime [...]
A financial expert has called for the government's Help to Buy scheme to not be extended after its intended three-year lifespan. Paul Smee, director general of the Council of Mortgage Lenders, said that he couldn't see any reason as to why the [...]