Help to buy is changing.
The Help to buy equity loan is changing in April 2021 (not to be confused with the help to buy ISA which ended in November 2019) The current Help to buy equity loan scheme will remain in place until the new scheme comes into force which will run until March 2023.
Under the new scheme the government will still lend up to 20% of the cost of a newly built home (40% in London). However, it will only be available for first time buyers and includes regional property price caps so that it reaches the people that need it most.
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