Embargoed to 0001 Thursday March 6File photo dates 09/08/13 of Estate Agent's boards as the Government has failed to demonstrate whether its �3.7 billion Help To Buy equity loan mortgage scheme is giving value for money, the spending watchdog has warned. PRESS ASSOCIATION Photo. Issue date: Thursday March 6, 2014. The scheme was launched in England last April with the aim of offering credit-worthy buyers with a deposit of at least 5% a helping hand onto the property ladder as well as increasing the housing supply by being targeted at new-build properties only. But the National Audit Office (NAO) found there is no method in place to measure what the
%VIRTUAL-SkimlinksPromo%Mortgage providers have become "significantly" more willing to lend to people with deposits of less than 10% this year as the Government's flagship Help to Buy scheme continues to have an impact, a Bank of England report has found.
The Bank's credit conditions survey for the first quarter of 2014 found the willingness to lend at loan-to-value (LTV) ratios above 90% is the highest reported since the question first started to be regularly asked of lenders last spring.
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