A new scheme to help people make their dream of building their first home a reality opened for applications on Monday 27 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 […]
News and advice: Category: General updates
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 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 […]
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 […]
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 […]
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 […]
Over 350,000 young people and families have been helped into homeownership with Help to Buy since its launch in 2013. The major milestone was reached as the official Help to Buy statistics were published on 11 May 2022. The statistics show: 355,634 properties have been bought with a Help to Buy: Equity Loan since its […]
Future homebuyers will see their prospective property bills reduce from 30 June 2022, when the government’s ban on charging ground rent on new leases in England and Wales comes into force. The government is taking action to rid future homeowners of annual costs – known as ground rent. Sometimes worth hundreds of pounds a year, […]
The government has launched a consultation on proposals for changes to building regulations to ensure new homes have next-generation gigabit broadband installed in them as standard practice. Around one in ten new-build homes are still being built without gigabit connections, mostly in smaller developments, where the cost can be higher or broadband companies have not […]
New homes and buildings in England will have to produce significantly less CO2 under new rules announced by the government today (15 December 2021) to help the country move towards net zero. Under the new regulations, CO2 emissions from new build homes must be around 30% lower than current standards and emissions from other new […]