New Help to Buy scheme set to launch as buyers given longer to complete purchases

A new version of the Help to Buy Scheme is set to launch in the coming months, while buyers using the existing scheme have been given longer to complete transactions that have been disrupted by the Coronavirus crisis.

Research from the property portal, Zoopla, has found that first-time buyers are set to make up a smaller proportion of homebuyers than movers, reversing a trend that has lasted for more than a year.