NatWest Intermediary Solutions will launch products for the Help to Buy mortgage scheme for the first time from January. The bank has not yet revealed its pricing and product details for the new products, but they are expected to be revealed in [...]
The government has published a risk assessment of the Help to Buy mortgage scheme, but is refusing to publish it, according to an MP. Hilary Benn, the shadow local government secretary, was told that publication of the document has been vetoed by [...]
One in four of those intending to buy a house in 2014 are reliant on government schemes such as Help to Buy. While 12 per cent of adults surveyed planned to take out a mortgage in the next year to buy their [...]
George Osborne has spoken out in defence of the Help to Buy mortgage scheme. Responding to claims that the scheme was adding "vodka to the punchbowl", the chancellor of the exchequer denied that it is fuelling a housing bubble in London. He [...]
One-third of those who are currently renting plan to buy their first property in 2014. According to Rightmove, this is a six per cent increase from the 2012 figure. A quarter (24 per cent) of those say that the government's Help to Buy scheme [...]
An industry expert has called for the government to abolish or alter the Help to Buy scheme, to avoid creating a housing bubble. Recent data from Halifax showed that house prices rose 7.7 per cent year-on-year in the three months up until [...]
Virgin Money has become the fourth lender to sign up to the second stage of Help to Buy. The lender has joined the scheme earlier than it said it would originally, and the loan-to-value (LTV) mortgages are available with immediate effect. Mortgages [...]
Challenger bank Aldermore has announced it is to enter the Help to Buy mortgage guarantee scheme. Having already announced its intention to do so, it will officially join the scheme on December 16th. As well as being the first challenger bank to [...]
Help to Buy equity loan applicants have been advised to plan ahead as to how they will repay the loan. Castle Trust senior adviser Matthew Wyles spoke to Mortgage Solutions, and said that because there was a lack of proper regulation, borrowers [...]
New research has shown mixed feelings from aspirant first-time buyers in regards to Help to Buy. The government-guaranteed mortgage scheme is viewed as the best approach to help people onto the housing ladder according to 45 per cent of those surveyed by [...]