The Help to Buy scheme has been used by so many of our customers to reserve their dream Story home, no matter what stage of their home buying journey they were at.
Many customers will still be able to reserve using the scheme, however, one of the key changes is that it is only available to first time buyers, which unfortunately means that those who already own a home won’t be eligible for the new scheme.
Another key change is to the homes that will be available as part of the scheme. Previously, Help to Buy could be used on any Story home up to the value of £600,000, however under the new scheme, this value is lower and varies depending on the region you are buying in.
We’ve pulled together some Q&As, along with a video from Mark Finch, a Mortgage and Protection Adviser at Mortgage Pathways, to help you to understand how the new scheme will work: