Government extends Help to Buy to 2023

Council housing

Source: Shutterstock/Ewelina Wachala

The government has extended its Help to Buy Equity Loan Scheme until March 2023 but is limiting it to first time buyers and introducing regional caps, Chancellor Philip Hammond announced in today’s Budget.

The caps are set at 1.5 times the current forecast regional average price for first time buyers, up to a maximum of £600,000 in London.

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