State support for incentives plays key role in new homes supply

Of new homes sold to First Time Buyers, 60% used the Help-to-Buy scheme and 20% used the First Homes Scheme last year
State support for incentives plays key role in new homes supply

Construction sector leaders have been calling for  tweaks to some housing schemes to bring their limitations back in line with the reality of current house prices.

The various schemes that provide encouragement for First Time Buyers and others are continuing, with recent Government commitments to extend support out to 2029 — a very welcome attitude for these crucial pillars of support that are too often re-examined every year. 

To take such uncertainty out of the picture is to be applauded and welcomed.

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