Thursday, 16 April 2020

Government In Talks To Extend Help To Buy


The Government is reportedly considering extending the Help to Buy scheme beyond its current end-date of April 2021. The Government is in talks with The Home Builders Federation, whose members deliver around 80% of new homes built each year, about extending the scheme to help support the industry after Covid-19 lockdown measures are lifted. The shutdown of construction work and sales offices is expected to have a long-term impact on the sector, with Savills estimating that the lockdown will hinder the construction of around 200,000 new homes. Read more on the Financial Reporter website.

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