Taylor Wimpey has sold all of its new build homes this year - and this is partly due to the government's Help to Buy mortgage scheme. All the homes due for completion in 2013 have been sold, as well as over 30 [...]
The government's Help to Buy mortgage scheme has been criticised by the opposition, as the housing market shows no signs of slowing down. A survey by the Royal Institution of Chartered Surveyors (RICS) said that nearly three-fifths of surveyors reported house price [...]
A politician has said that the affordability of housing through the government's Help to Buy scheme will be "just a mirage" if prices continue to rise at their current rate. The Independent reports that the initiative is continuing to receive criticism following [...]
Prime Minister David Cameron has announced that more than 2,000 Help to Buy mortgages have been approved in the UK to date. This landmark figure has been achieved in just the first month since the introduction of the scheme. The plan is [...]
Persimmon has revealed that the number of homes it has sold under the government's Help to Buy scheme has now passed the 3,000 mark. While some quarters have criticised the scheme over fears it may create a housing bubble, the housebuilding firm [...]
The head of the Council of Mortgage Lenders (CML) has warned that the UK needs avoid becoming "addicted" to Help to Buy deals. Nigel Terrington described the government initiative as a "short-term fix" and has warned that there needs to be an [...]
Potential homeowners are being advised to take a closer look at smaller banks as opposed to the bigger lenders' Help to Buy mortgage deals. The Guardian reports that it considers the first batch of offers based around the government initiative to be [...]
The first property purchase using the Help to Buy scheme has been completed, just three weeks after the government initiative was launched. The Financial Times (FT) reports that the transaction involved a first-time buyer who did not want to be named. She [...]
Nationwide Building Society has suggested that the Help to Buy scheme could be part of the reason behind house prices rising once again during October. According to the latest figures, property prices went up by one per cent last month, which has [...]
Help to Buy mortgage rates are apparently being undercut by smaller building societies which are offering even cheaper deals. According to thisismoney.co.uk, smaller companies are offering low-cost loans which cost much less than the larger banks involved in the government initiative. For [...]