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Will the new help-to-buy scheme get first-timers on the property ladder?

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The government’s revamped programme will be targeted at new buyers with a small deposit. It could be a lifeline

These are difficult times for anyone hoping to get on the housing ladder. The pandemic has made getting mortgages more onerous, while house prices have been climbing – the average cost of a property in the UK reached a record high last month.

But there may be some hope for first-time buyers in England with the latest version of the government’s help-to-buy scheme, which is aimed solely at them, offering a different level of help depending on where you want to buy.

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