Monday, 9 March 2015

Help-To-Buy Scheme Needs Replacement Before It Ends

Failure to replace the help-to-buy mortgage guarantee scheme when it comes to an end next year will choke off competition and push the first-time buyer market back into decline, lenders have warned. The Intermediary Mortgage Lenders Association (IMLA), which represents firms that market their products through brokers and advisers, said 65% of its members believed competition would fall unless a permanent indemnity scheme was brought in to replace Help-to-Buy 2.  Read more on the Guardian website.

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