Help to Buy Mortgage Guarantee Scheme ends 31st December 2016
December 28, 2016
The Help to Buy Mortgage Guarantee Scheme introduced by the government to assist those with only a small deposit will end on the 31st December this year, the Help to Buy ISA and the Equity Loan Scheme will however remain in place.
According to a news article published yesterday on Zoopla, the Government’s Help to Buy scheme has helped transform the mortgage market, leading to a four-fold increase in deals for people with a small deposit. Since the mortgage guarantee part of Help to Buy was introduced in October 2013, the number of home loans available to buyers with a 5% deposit has soared by 380% to stand at 269 different deals.
Read the Zoopla news article in full click here
You May Also Enjoy
The Renters’ Rights Act: turning change into advantage
The private rental sector is entering a period of unprecedented change. For estate agents, the Renters’ Rights Act 2025 taking effect from May is not just another piece of legislation – it will reshape how you advise landlords, manage tenancies and maintain compliance. Mustafa Sidki of the real estate team at Thackray Williams explains how…
Read More 
Lower mortgage rates help Santa deliver 600 more toys this Christmas
With Christmas fast approaching, falling mortgage rates could be doing more than easing household finances this festive season. In fact, if Santa himself were to secure a mortgage on the North Pole today, he would be saving more than £2,000 a year on his monthly mortgage repayments compared to taking out the same mortgage at…
Read More
Has your property paid for Christmas this year?
The latest research from Yopa has revealed that, despite a quieter year for the UK property market, the vast majority of homeowners will have effectively seen their property pay for Christmas, based on the increase in the average house price versus the average festive spend. Yopa analysed house price growth since the start of the…
Read More 
Applicant budgets remain stable and rental prices in line with historic norms
Ratio of new renters per instruction rose by 5.1% from 8.9 to 9.4 applications per instruction. Average rental prices declined by 4% in November 2025, remaining closely aligned with November levels observed over the past four years. Year-to-date, average rental prices are 2% higher in 2025 compared to 2024. New data from Foxtons, London’s…
Read More 
The Impact of Increasing Lease Conversions on Estate Agents in 2026
2026 is shaping up to be a watershed year for the property market. Economic pressures, shifting demand and regulatory changes are converging to create a surge in lease conversion applications. For estate agents, this “perfect storm” will reshape the portfolios they manage and redefine their role in advising landlords. Mustafa Sidki of the construction team…
Read More
First-time buyers help drive the most home moves for three years
Zoopla forecasts 1.5% house price growth for 2026 Housing sales hit 1.2 million over 2025 despite Q4 Budget slowdown More sales doesn’t mean faster price growth – house prices rise just 1.1 per cent (vs 1.9 per cent in 2024) The hottest markets for price growth across Britain are the Scottish Borders (TD postal area…
Read More