Halifax intermediaries has announced it is set to reopen its Help to Buy 1 shared ownership and shared equity loan schemes
The products which were withdrawn from the market temporarily in June will again be available to home movers.
Halifax said the move was always intended to be a temporary change that reflected their 50% share of the market at the time.
Commenting on the move, a Lloyds Banking Group spokesperson said: “This was a prudent, short-term change to ensure we did not take a disproportionate share of the market, while continuing to support first-time buyers who have limited options to get onto the ladder.
“We remain committed to supporting the affordable housing sector and new build market, and will continue to review and make changes when appropriate.”
