UK Finance responds to Scottish Government’s announcement that Help to Buy in Scotland will be extended for another two years

Responding to the Scottish Government’s announcement that Help to Buy in Scotland will be extended for another two years, Douglas Cochrane, Chair of the UK Finance Scotland Mortgage Committee, said:

“The extension of Help to Buy in Scotland is good news for buyers and home movers with low deposits, who will continue to receive vital support when buying a new-build home.

“Last year the number of first-time buyers in Scotland reached its highest level in a decade, boosted by vital schemes like Help to Buy.

“Today’s announcement will bring welcome stability to the Scottish mortgage market and help more people get a foot on the housing ladder in the years ahead.”

Source of information UK Finance.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Estate Agent Talk

Half of Brits would retrofit their property to make it more appealing to future buyers

The government is funding £13.2 billion in retrofitting properties Two-thirds (61%) of homeowners state that upfront cost is the biggest barrier to retrofitting Younger homeowners are more open to green improvements in their homes Over half of Brits think retrofitting would make their property more appealing to future buyers Over half  (59%) of homeowners would…
Read More
Breaking News

Buyers hit pause: Housing market records first annual fall in new sales in two years as more buyers adopt ‘wait and see’ strategy

House price growth has slowed over 2025, currently standing at 1.3 per cent which is broadly in line with the level a year ago Uncertainty over the November Budget has driven a growing ‘wait and see’ attitude amongst home buyers, leading to the first annual fall in new sales agreed in two years The usual…
Read More
Rightmove logo
Breaking News

Rents hit new record as pace of new rental homes coming onto the market slows

The average advertised rent of homes outside of London rises again in Q3 2025 to a new record of £1,385 per calendar month (pcm). Average rents outside of London are now 3.1% higher than a year ago Average advertised rents in London also reach a new record of £2,736, however rents in the capital are…
Read More
Estate Agent Talk

The ‘Rentvesting’ Strategy: Owning a Home Where You Can’t Afford to Live

Oh, the ever-evolving property market. Keeps us wondering: how will I keep my head above water? And this is how a war-like property strategist is born. One of these savvy strategies is called: rentvesting. This is the art of renting where you want to live and buying where it fits your wallet.  Getting your foot…
Read More
Rightmove logo
Breaking News

Momentum gathers for retail investment as Bank Rate cut again

Demand to invest in retail property was up by 30% in Q3 2025 compared to the same period in 2024 The office market is also continuing to recover, with investment demand up by 31% over the same period, and leasing demand up by 7% Overall demand to invest in commercial property was up by 11%…
Read More
Breaking News

Surge in first-time buyers’ preference for cheaper homes subsides as market adjusts to April’s stamp duty changes

Proportion of first-time buyers purchasing properties under £300k decreased to 64.3 per cent in September, following a peak of 72.0 per cent in May after changes to stamp duty thresholds Detached and semi-detached homes now make up nearly two-thirds of non-first-time buyer purchases, as ‘second-steppers’ look for long-term security Spending on mortgage and rental payments…
Read More