Homes England extends Help to Buy deadline by a month

By Jim Dunton2021-01-18T13:15:00

One month grace period takes transaction completions cut-off point up to 31 March

Housing quango Homes England has extended the practical completion deadline for people looking to take part in the government’s Help to Buy equity loan scheme, to take account of delays to the sector caused by the coronavirus pandemic.

Buyers hoping to secure a 20% government loan in lieu of a deposit, based on the value of a new-build home, were required to complete their transactions with developers by 28 February ahead of the Help to Buy scheme’s end on 31 March.

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