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WebNow closed to new applicants, the Help to Buy: Equity Loan was a government-backed scheme aimed at first-time buyers looking to buy a newly built home. The scheme was created to keep mortgage payments lower and deliver other benefits, such as giving you access to a wider range of mortgage products. WebHelp To Buy Equity Loans were further extended for three years (2024 to 2024). Key changes include a tightening of rules so that only first time buyers are eligible, and a new regional price cap system. The new price caps on the property price range from £186,100 in North East England to £600,000 for London properties. [21] Motivation [ edit] the top five 5 cultures in australia in 2016

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