News story: Help to Buy Equity Loan

Following stories in the media on the future of Help to Buy Equity Loan, the Department for Communities and Local Government has made the following statement.

We remain committed to the Help to Buy Equity Loan Scheme to 2021, ensuring it continues to support homebuyers and stimulate housing supply.

The Government also recognise the need to create certainty for prospective home owners and developers beyond 2021, so will work with the sector to consider the future of the scheme.

Additional information

The Department regularly reviews the Help to Buy Equity Loan Scheme, with the last review taking place in 2015. To infer from this that the Help to Buy Equity Loan scheme will be cancelled is simply incorrect.