News

Help to Buy Equity Loan receives new funding of £10 billion

The Government estimates that this new funding could help around 135,000 more people to buy homes by 2021

The Government has announced that it will invest a further £10 billion in the Help to Buy Equity Loan, due to the popularity of the scheme across the country.

More than 130,000 completions have already taken place by people using the equity loan, which helps people buy a new build home with only a 5% deposit.

The new funding means that the Help to Buy Equity Loan could help around 135,000 more people to buy homes by 2021. This would bring the total number of households across England that would be supported through the scheme since it began in 2013 to around 360,000.

LPC Living is currently offering help to buy on its development of apartments at Bridge Street, Chester, with starting prices from £140,000. We will also be offering Help to Buy at forthcoming developments in Gatley, South Manchester and Birkdale, Lancashire. for more information please call us on 0800 587 8186 or email info@lpcliving.co.uk

More information on Help to Buy can be found here