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Did you use the Help-to-Buy scheme? Inflation could affect your repayments
Aspiring homeowners who used the Help-to-Buy equity loan scheme to get on the property ladder could face an unexpected rise in their interest payments due to inflation. According to the government, the Help-to-Buy scheme helped more than 375,000 aspiring homeowners turn their dreams into a reality between 2013 and 2022, the majority of which were first-time buyers. In total, £23.7 billion was lent through the scheme, which funded £105.4 billion of property purchases. Under th

Tom from Harken Financial
Nov 14, 20234 min read
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