The Help to Buy scheme created by the government in an attempt to help potential first-time buyers onto the ladder is to be extended

 More support on the way for first-time buyersHousing is a key issue for the government, and Communities Secretary Sajid Javid has reiterated the government’s commitment to supporting first-time buyers and streamlining the planning system.

Prior to his Conservative Party conference speech, Javid confirmed that £10 billion will go towards funding an extended Help to Buy scheme, which will provide support to around 135,000 first-time buyers.

Many would-be first-time buyers have simply been priced out of the market, unable to save enough for a deposit on their first home, which Javid described as the “biggest barrier to social progress in our country today”.

The Communities Secretary also took aim at the planning system: “For decades our planning system has failed to plan for the number of homes we need. There has been too much control given to those who will never accept development”.

In addition to making changes to the planning system and extending the government’s support for first-time buyers, Javid also touched on the need for greater regulation of the private rented sector, with plans to make it easier for private tenants to seek justice through the courts should an issue arise. For more on this story, click the link below:

Property Wire

About the author

Nicolas Holmes

Nick joined Robert Holmes to inject fresh ideas and help grow the New Homes department of Robert Holmes as well as helping to inject technology into the business and to grow its client base. Together with one of the Directors Nick is in charge of all Development opportunities that Robert Holmes deals with along with sales. Aged 40, he provides succession together with the two existing directors. Nick has always been focused on building client relationships and sales. He built up his own gallery in Chelsea, where he had a loyal following of customers and artists.

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