Submitted by Joseph Foster on Tuesday 26th January 2021
Published on Wednesday 3rd February 2021
Current status: Closed
Closed: Tuesday 3rd August 2021
Signatures: 30
Extend Help to buy Equity Loan Scheme 2013-2021 deadline due to Covid-19
Government need to clearly understand the delays caused by covid and allow current applications to complete beyond the deadline date set. Individual families are losing their dream or first home purchases and this needs changing before more families are impacted by the broader deadline date.
Many homes already stuck in limbo or have returned to market with deposits or fees lost, the current extension does not fix the issues due to low building stock with many house builders brought on by Covid-19 ilness and slower movement of stock. Allowing existing applications to complete regardless of the deadline date will fix this issue for hundreds of thousands of home purchases, which was brought on by the government. It's a good boost for the economy so let active application complete!
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