Santander has become the latest bank to announce its intention to offer Help to Buy mortgages. The company is to follow in the footsteps of rivals Royal Bank of Scotland, Natwest and Halifax in offering the government-backed deal. Other banks to have [...]
Deputy prime minister Nick Clegg has said that the Help to Buy scheme will be "stopped" early, if it seems as though the initiative is not working. Over 180,000 people could be set to benefit from the second phase of the plan, [...]
Over 180,000 loans could be secured thanks to the government's Help to Buy scheme, which launches today (October 8th). Two banks - Lloyds Banking Group and Royal Bank of Scotland - will initially be taking part in the initiative, while the further [...]
New research has found that the average deposit needed to purchase a new home under the Help to Buy scheme has dropped by around 75 per cent. The study by Zoopla says that people now typically need around £11,000 in order to [...]
A third bank has committed itself to participating in the second round of the government's Help to Buy scheme. Aldermore has now promised it will also be taking part in the initiative, following in the footsteps of the state-backed Lloyd's Banking Group [...]
Despite prime minister David Cameron again making a case for the Help to Buy scheme at the Conservative Party conference in Manchester, only two banks have so far committed to supporting it. Both of them - Lloyds Banking Group and Royal Bank [...]
The Prime Minister (PM) has defended the government's Help to Buy initiative at the Conservative Party conference. David Cameron told the BBC that the scheme is needed to support the country's economy following previous failures in the "banking market", as opposed to [...]
David Cameron has announced he will bring forward his flagship Help to Buy scheme. The programme gives property buyers the chance to access an interest-free 20 per cent loan to make up part of a 75 per cent mortgage. This means only [...]
Conservative chancellor George Osborne has asked the Bank of England to take a more prominent role in the Help to Buy scheme. Ed Miliband, Ed Balls, Vince Cable, the International Monetary Fund and Nick Clegg are among those known either publicly or [...]
Housebuilders are buying land at a pace not seen since the start of the financial crisis. Research by the Financial Times (FT) has shown out of all major construction firms, only Berkeley, an upmarket London housebuilder, reduced the number of plots it [...]