Rules have changed for the government-backed Help to Buy
scheme and many buyers are confused about what the new rules mean. The new
scheme came into effect this June, only first-time buyers are able to benefit
from the scheme and the current plan is to end it completely by 2023. Crucially
the other big change is new regional property price caps, which the government
says will help them to focus on who needs the scheme the most. To benefit, the
new build home being bought must be within the relevant regional property
price-caps. Read what the price caps are and more on the Property Reporter
website.
https://www.propertyreporter.co.uk/property/what-are-the-new-rules-for-help-to-buy.html
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