News and advice: December 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.

A young family with a father and son hugging

Right to Shared Ownership scheme launches

Residents in social and affordable housing are being given the chance to buy a share in their home for the first time, as applications can now be made to for the government’s Right to Shared Ownership scheme. The government has published new guidance for tenants to access the scheme, which provides an alternative pathway to […]

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

Government extends mortgage guarantee scheme

The mortgage guarantee scheme has been extended by a year to the end of December 2023, helping more people with 5% deposits onto the property ladder. Under the scheme, the government offers lenders the financial guarantees they need to provide mortgages that cover the other 95% of a home purchase, subject to the usual affordability […]

A couple embracing outside of their home

Forces Help to Buy scheme made permanent

The Forces Help to Buy scheme has been made permanent as part of the Government’s enduring commitment to supporting our Armed Forces (19 December 2022). The scheme enables Serving Personnel to borrow up to 50% of their gross annual salary (up to a maximum of £25,000) to encourage and support home ownership and enable the […]