The Help to Buy scheme has enabled many first-time buyers to obtain more expensive new build properties than they could otherwise have afforded, with the government loan giving them a helping hand.
The scheme has been has been extended up to 2023 but with much more reduced scope.
Elsewhere in the secondhand market lenders are offering higher loan to value (LTV) ratios, with the number of products available at 95% LTV more than doubling since Help to Buy began.
However, this is not always the case with new build properties, so should lenders be giving higher LTVs on new builds to prepare for the end of Help to Buy?
Should lenders offer higher LTVs on new build properties to prepare for the end of Help to Buy in 2023?
