New version of the scheme is subject to new regional caps on prices
The latest version of the help-to-buy equity loan scheme opened on Wednesday, with first-time buyers now the only people allowed to apply for government assistance to get on to the housing ladder.
The scheme, which allows buyers to borrow up to 20% of a new-build property’s value, or 40% in London, will no longer be available to movers and is subject to new regional caps on prices.
