This week saw the start of the much-anticipated, sometimes heavily criticised, Help To Buy Scheme. Actually it was the second part of the Government Scheme, the first part of which started some time ago.
Whilst many are confused which is which, the aim of both is at least crystal clear – to increase the availability of mortgages for those with small deposits and get more people onto the housing ladder.
So what is the difference between Help To Buy 1 and Help To Buy 2?
Help to Buy 1