Have your say on government e-petitions

Extend the Help to Buy equity loan practical completion deadline

Submitted by Rosie Barran on Thursday 17th November 2022

Published on Tuesday 22nd November 2022

Current status: Open

Open until: Monday 22nd May 2023

Current Signatures: 663
(count is updated approximately hourly)

Relevant Departments

Tagged with

2022 ~ Approved ~ Build ~ Buying ~ date ~ delayed ~ Equity ~ Extend ~ Global ~ Help to Buy ~ Homes ~ Loan ~ month ~ mortgages ~ New homes ~ The Government ~ Years

Petition Action

Extend the Help to Buy equity loan practical completion deadline

Petition Details

The Government should extend the help to buy equity loan practical completion deadline for those who already have a help to buy equity loan approved and are now negatively affected by delays to the building of their new homes. People are now unable to proceed with the planned purchase of their home.

Additional Information

The Government must extend this deadline because many people have reserved their new build homes for months, and years, and are now unable to go through with the purchase due to delays outside of their control.

People have mortgages approved and equity loans secured, but due to global delays affecting the build of new homes, buyers are now negatively affected by the practical completion date of 31/12/2022 and are missing out on the chance of buying their first home through no fault of their own.


If you want to sign this petition (as opposed to merely discuss it), you need to do that on the government's e-Petitions website.

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at petition.parliament.uk

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