Help to Buy legal completion deadline extended

Help-to-Buy-H3YXJG

Government gives housebuilders two months more to complete sales and more time to finish building homes

The government has agreed to a two-month extension to the completion date for homes sold under the Help to Buy scheme despite repeatedly stating it would not do so.

According to a change in the terms of scheme made yesterday, housebuilders will now have until May 31 to reach legal completion of the sale of homes under the scheme, rather than March 31 as the Department for Levelling Up, Housing and Communities (DLUHC) had previously insisted.

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