Help to Buy Scheme: Coronavirus – Parliamentary Written Answer

Grahame Morris: To ask the Secretary of State for Housing, Communities and Local Government, if will he extend the Help to Buy scheme to support (a) housebuilders and (b) first time buyers with approved mortgages in relation to new build handover dates that have been delayed beyond that scheme's cut off date as a result of the covid-19 outbreak.

Christopher Pincher: As announced at Budget 2018, there is a new two year Help to Buy scheme commencing from 1 April 2021, specifically for first time buyers and so supporting people onto the housing ladder. Where new build properties are not completed within the current Help to Buy scheme deadlines, they may be eligible for sale through the new scheme. More information on the new Help to Buy scheme can be found at https://www.helptobuy.gov.uk/equity-loan/eligibility/ .

http://www.parliament.uk/business/publications/written-questions-answers-statements/written-question/Commons/2020-06-25/64892