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Government Help

Introduction

shutterstock_155527976For many years, successive governments have implemented a variety of schemes to help particular sectors of society to own their own homes, such as the Right to Buy scheme and the Armed Forces Home Ownership Scheme.

In 2013 the Help to Buy schemes (part one and two) were introduced to help first-time buyers and others and to kick start the housing and building markets overall.

Some of the schemes are more helpful than others and they can be complex, so it is important to understand how they work and whether you would qualify for help before you think about applying. this section of the website contains a series of guides which walk you through the various types of help on offer.

How To

How to use London Help to Buy

Qualifying first-time buyers and homemovers in London could be eligible for a go...

How to buy a home: the process

A step-by-step guide to the process you will go through to purchase your propert...

How to save a deposit

The average UK property price at the end of 2016 stood at £220,000 according to...

How to use shared ownership

Shared ownership schemes allow people to buy a portion of a property from a hous...

How to understand Help to Buy: Equity Loan

The Help to Buy: Equity Loan scheme was announced by the Government in March 201...

How to exercise your Right to Buy

Right to Buy allows most council tenants who have lived in their council home fo...

Guides

Guide to Help to Buy ISAs

The Government’s Help to Buy ISAs were launched in December 2015, giving wanna...

Guide to flexible mortgages

A truly flexible mortgage allows you to do the following:

Guide to fixed-rate mortgages

Fixed-rate mortgages are fairly popular in the UK. As the name suggests, they al...

Guide to discount mortgages

We all love a good discount - there is a certain satisfaction to be had from kno...

Guide to tracker mortgages

This type of product follows the Bank of England Base Rate or the lender's Stand...

Guide to variable rate mortgages

Every mortgage lender has a standard variable rate (SVR) that is loosely based o...

News

Budget 2017: All quiet on the housing front

Chancellor Hammond today announced a Budget that was distinctly light on housing...

Southern England is shared ownership hotspot

First-time buyers in southern England are more likely to opt for shared ownershi...

Government affordable housing programme gets £7bn boost

The money will mean more homes can be built in places where they are most needed

48,000 starter homes will be built in 2017

The ‘discounted’ first-time buyer homes will be built on brownfield sites ac...

Newcastle Building Society launches Help to Buy range

A new range of Help to Buy mortgages has been launched by Newcastle Building Soc...

Drop in Help to Buy Mortgage Guarantee completions

The Government's flagship homeownership scheme has seen a 38% fall in completion...

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Speak to an adviser

If you are considering buying a property with the help of a government scheme and would like to speak to an impartial adviser, read on.

Average deposits falling

The government's Help to Buy schemes have helped to reduce the typical deposit by 6% last Autumn.

38% unaware of Help to Buy

Many aspiring mortgage borrowers are not aware of or are confused by the governments' housing scheme

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Shared equity and ownership key to improved housing supply

Mortgage providers need to improve their support for the affordable housing sector and offer more shared ownership and shared equity products

Retirees shun home ownership for rental market

Retired homeowners in the UK are stepping off the property ladder to join the quarter of retirees who already rent, according to research by Prudential.

How to buy property at auction

You can pick up a bargain when you buy property at auction, but it pays to know exactly what you are doing. Follow these tiop tips for buying success:

Speak to an adviser

Could you benefit from impartial, free advice?

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