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'It just feels wrong': The first-time buyers reliant on Help to Buy set to lose their dream homes - through no fault of their own
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manchestereveningnews.co.ukdirect to your inboxFirst-time buyers could lose their dream homes – and thousands of pounds they have already spent on them – if the government does not extend its deadline for the Help To Buy scheme as Covid causes construction delays.Three new properties being built at Fletcher Park in Monton have been reserved by couples using the equity loan scheme which is ending soon.But work on these new builds, which cost close to £400,000 each, have been hit by delays due to staff on site falling ill or having to self-isolate, which means construction will now not be completed in time for the government's deadline.The current scheme, which provides buyers with a low-interest loan towards the deposit for their new homes, was due to come to an end.
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