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Explained in plain English

Help to Buy's history

The 'Help to Buy' scheme isn't new; it's a government initiative that has evolved over the years to assist first-time buyers. Previous versions included equity loans and mortgage guarantees. This new 'Your first home' programme is the latest iteration, focusing on new-build properties and specific eligibility criteria to continue supporting homeownership.

Stories that explain this

New help-to-buy scheme offers 20% equity loan for first-time buyers

Related explainers

Global housing trends Why new-builds only? What's an equity loan? UK housing challenges How will £1bn help my bills? What actions can help? How does active learning help? How will the advice line help schools?

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