This petition was submitted during the 2019-2024 parliament
Petition Allow the Help to Buy Equity Loan scheme to be used for any property
Remove the requirement for a Help to Buy Equity Loan to used towards a New Build Property and allow it to be used towards any property.
More details
The scheme as detailed in https://www.gov.uk/affordable-home-ownership-schemes/help-to-buy-equity-loan opens a real door to many to get on the property ladder in a sensible and managable way, however misses the mark by being exclusive to those only looking for a new build property.
To make the scheme have the most impact this requirement should be dropped and be allowed to be applied for against any property.
This petition is closed This petition ran for 6 months