Majority of new-build buyers could benefit from latest H2B scheme

The latest Government Help to Buy scheme could help over a half of all new-build homebuyers to get a foot on the ladder, according to newly released data from Buildscan.

The snagging and defect management app, first looked at the H2B equity loan price cap in each region of England and Wales, which is essentially the most expensive property to qualify for the scheme, then looked at the number of new-build homes sold in each region during 2020 and what percentage of these fell below their respective regional equity price caps to estimate how many homebuyers could be due to benefit yearly come April.

https://www.propertyreporter.co.uk/property/ajority-of-new-build-buyers-could-benefit-from-latest-h2b-scheme.html