Confusion over Help to Buy scheme
%VIRTUAL-SkimlinksPromo%One third of people planning to take their first step on the property ladder in the coming months say they are confused about how the new phase of the Government's flagship Help to Buy scheme works, research by a property website has found.
Some 34% of would-be first-time buyers surveyed by Rightmove said they do not understand the new phase of the Help to Buy scheme, which was launched in October to offer state-backed mortgages to people with deposits as low as 5%.