Help to buy scheme – Budget 20 March 2013

With a substantial boost for new home builders with the ‘Help to buy’ scheme,

all our clients in house building and associated trades will no doubt feel a little

more confident of the support for their industry and if you are looking to move

home there will be substantially more help with the deposit loan.

The government will provide an equity loan worth up to 20 per cent of the value

of a new build home, repayable once the home is sold, and will significantly widen

the eligibility criteria to ensure as many people as possible are able to benefit,

including increasing the maximum home value to £600,000 and removing the

income cap constraint.

Back to Main Page – Budget 20 March 2013

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