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Homes England publishes FAQs on Help to buy—Equity Loan 2021-2023

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Published on: 10 January 2023

Published by LNB News

LNB News 10/01/2023

Document Information

Issue Date: 10 January 2023

Published Date: 10 January 2023

Jurisdiction(s): England

Article summary

Homes England has published frequently asked questions from homebuilders on the closure of applications for the Help to Buy—Equity Loan 2021-2023. The government has decided not to enforce the first longstop date of 31 December 2022 for properties where practical completion will occur on or before 31 January 2023. Instead, the guidance provides that all dwellings eligible for Help to Buy must have legally completed on or before 31 March 2023, with homebuyers holding their keys by 6pm. Homebuilders must inform homebuyers in advance if they will be unable to meet these dates. The guidance provides information including the key dates for homebuilders to be aware of, how to tell Homes England about building delays and what happens if the purchase cannot complete by 31 March 2023.

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