The Bank of Ireland has signed up to the government's Help to Buy scheme. It is now the second of the main four banks in Northern Ireland to do so, according to the BBC. This news also comes after Wales decided to [...]
The chief economic adviser to the mayor of London has issued a warning over the government's Help to Buy scheme, claiming it is giving prospective homeowners a false impression of the housing market. According to the Telegraph, Gerard Lyons said that the [...]
The Bank of England does not have the power to veto the Help to Buy mortgage scheme, according to its governor Mark Carney. While feedback has generally been positive about the government-funded mortgage scheme, some fear it will cause house prices to [...]
The Help to Buy mortgage scheme has been responsible for a record number of housing completions, according to England's largest Help to Buy agent. Orbit Help to Buy agent has seen a huge rise in applications from aspirant first-time buyers since the [...]
The Welsh government has announced a £170 million Help to Buy mortgage scheme to boost the housing market. From January 2nd, 2014, buyers of new homes under £300,000 can apply for a loan to assist them financially. The investment will support the [...]
HSBC could be set to start a possible price war over Help to Buy mortgage deals. The bank has become the third major lender to start offering products under the government-led scheme from today (November 25th). It will offer customers packages which [...]
5,375 new homes have been bought in the first six months of the government's Help to Buy scheme, according to statistics released by the government. The overwhelming majority of homes - 92 per cent - were sold to first-time buyers. The figures, [...]
Low and modest earning families will struggle to cope with their Help to Buy mortgage payments, according to new research from Resolution Foundation. Monthly repayments would be too expensive across two-thirds of Britain, based on a couple with one child owning a [...]
New seller asking house prices have fallen by 2.4 per cent in the last month, according to new data from Rightmove. The drop of £6,181 this month means the average house price is down to £246,237, from October’s figure of £252,418. This [...]
First-time buyers are being advised to rent as opposed to sign up to the government’s Help to Buy mortgage scheme. A report by PricedOut, a campaign group for affordable house pricing, states that the Help to Buy interest rates are so high [...]