The government has said it will remain committed to the Help to Buy Equity Loan Scheme until 2021, despite reports that it could be scrapped ahead of schedule.
The scheme, which enables homebuyers to purchase newly built homes with a deposit of only 5 per cent, has aided more than 120,000 home purchases since its launch in 2013. It has, however, proved somewhat controversial because of its contribution to profits and dividend payouts at listed house builders
£8.6 billion has been committed to the Help to Buy Equity Loan Scheme to continue to support homebuyers and stimulate housing supply. A source close to the scheme said rumours of an early end were ‘simply incorrect.’
The Department for Communities and Local Government has also said: ‘The government also recognise the need to create certainty for prospective home owners and developers beyond 2021, so will work with the sector to consider the future of the scheme.’
The MOJ is investing £1,000,000 in a family mediation voucher scheme. This scheme will pay up to £500 per case/family to specified mediators to carry out mediation for issues relating to children but not for the Mediation Information and Assessment Meeting (MIAM) or paperwork.
If you have separated from your partner, you may be tempted to try to resolve the financial issues arising out of the separation without involving lawyers. There is a misconception that by appointing a lawyer, he/she will “add fuel to the fire” or create further animosity and charge an absolute fortune.
It will not come as a surprise to most but, at the moment, we have a clear tie with our legal profession in the EU. If there is a ‘deal’ then the current arrangements are expected to continue for the transition period but what happens if there is ‘no deal’ and the EU do not consent to an extension of time?
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