News and advice: June 2022

Buying your home is an exciting experience, but it can also be a daunting process during which you will need expert help and advice.

Our news and advice section contains information from industry experts, buyers who’ve used our schemes and the latest news about government support.

Adam and Daisy

New support to help build Adam and Daisy’s forever home

A new scheme to help people make their dream of building their first home a reality opens for applications today (Monday 24 June). Help to Build makes taking a first step onto the housing ladder by building your own home a realistic option, even with a smaller deposit. Applicants can borrow an equity loan of […]

homeowners looking at plans on self build site

Help to Build: Equity Loan open for applications

A new government scheme to help people in England to custom and self build their own homes opens for applications on Monday 27 June 2022. Help to Build – backed by £150 million government funding –can make building a home a more realistic option, even for people with a small deposit. Applicants can borrow an […]

A young couple working on a laptop and reviewing paper documents

Prime Minister pledges to turn ‘benefits to bricks’

The Prime Minister has pledged (9 June) to change welfare rules so that the 1.5 million people who are in work but also on housing benefit will be given the choice to use their benefit towards a mortgage, rather than automatically going directly to private landlords and housing associations. The welfare system exists as a […]

Young couple sat down together, surrounded by cardboard packing boxes, looking happy.

New independent review of access to mortgages for first-time buyers

The Prime Minister has announced (9 June) that the government will launch an independent review of access to mortgage finance for first-time buyers, with the aim of making it easier for this group by widening access to low-cost, low-deposit finance such as 95% mortgages. Currently, soaring house prices, stringent mortgage lending restrictions and high deposit […]

A row of English terraced houses against a blue sky backdrop

Right to Buy scheme to be extended

Two and a half million tenants renting their homes from housing associations will be given the right to buy them outright, the Prime Minister announced on Thursday 9 June. In a speech, he confirmed an extension of the popular Right to Buy scheme, which has made home ownership a reality for two million households since […]