Thursday, 29 November 2018

Help To Buy Scheme Set To End In 2023


Although Help to Buy will be in effect until 2023, there will be new restrictions applied in 2021 that could exclude 38% of the homebuyers who used it this year. The Help to Buy end date is in 2023 but starting in 2021 it will be available only to first-time buyers and for homes with a market value up to the price cap for new regional properties. These caps are set at 1.5 times the regional average first-time buyer price currently forecast, with a £600,000 maximum in London. After March 2023, the government will not be introducing another loan scheme like Help to Buy. Read more on the CRL website.

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