Sadiq Khan calls for Help to Buy loans grace period extension

Logo BBCBBC
2023-09-06 07:43:49  • 2 mins

By Yasmin Rufo

BBC News

London's mayor has called on the government to extend the interest-free period on Help to Buy loans to help those facing increasing costs.

First-time buyers who took out a loan on the government's scheme were given a five-year grace period during which they did not have to pay interest.

Sadiq Khan has called for this fee-free period to be extended, saying it would give people "breathing space".

The government said supporting homeowners was a "priority".

Continue read on bbc.com

Millions of households will get the next 300 government cost of living payment from next month. These payments will go out to people on means-tested...
Logo Daily MailDaily Mail
2023-09-23 05:00:46  • 1 min
By Tom Espiner Business reporter, BBC News Vulnerable households face an "inevitable new winter crisis" without more help on energy bills, a group of MPs has...
Logo BBCBBC
2023-09-23 03:52:46  • 1 min
By Owen Sennitt Local Democracy Reporting Service An MP has claimed Tory activists who have volunteered for him have struggled to get mortgages because banks...
Logo BBCBBC
2023-09-22 17:28:10  • 1 min
By Lucy Hooker Business reporter, BBC News Rishi Sunak's decision to extend some of the UK's net zero deadlines has proved - perhaps predictably - rather...
Logo BBCBBC
2023-09-23 00:03:47  • 2 mins
Xavi arrives at Barcelona Barcelona win La Liga Xavi renews deal WHAT HAPPENED? Barcelona boss Xavi has extended his stay, at the club he forged such an...
Logo GoalGoal
2023-09-22 21:31:58  • 1 min
High inflation boosted the governments finances in August, putting pressure on the chancellor, Jeremy Hunt, to increase support for state services, a...
Logo The GuardianThe Guardian
2023-09-21 10:54:00  • 1 min
Mortgage holders and first-time buyers in the UK have been given a boost as lenders, including NatWest, TSB, Nationwide, and Virgin Money (LON: VM ), began...
By Kevin Peachey Cost of living correspondent Mortgage rates should fall following the Bank of England's decision to keep its key interest rate on hold,...
Logo BBCBBC
2023-09-22 10:22:47  • 1 min
In recent developments, two officials from the Federal Reserve hinted on Friday at the possibility of an additional increase in interest rates. The move is...
Logo Investing.comInvesting.com
2023-09-22 16:28:31  • 1 min
Ed Davey is to pledge a 5bn-a-year guarantee of free care packages for all in England as the Liberal Democrats gather for their first in-person conference...
Logo The GuardianThe Guardian
2023-09-22 14:00:02  • 2 mins
The chancellor, Kwasi Kwartengs speech at the Commons dispatch box on 23 September last year, and his refusal to publish the Office for Budget...
Logo The GuardianThe Guardian
2023-09-22 15:27:49  • 1 min
By Dharshini David Chief economics correspondent, BBC News The recent cost of living crisis has led to painful choices for many households facing soaring...
Logo BBCBBC
2023-09-22 23:37:52  • 1 min
Xavi has signed a new contract at Barcelona until 2025, the club have confirmed. His deal with the Catalan giants includes an option of an additional year on...
Logo Daily MailDaily Mail
2023-09-22 17:30:33  • 1 min
Bloomberg Banks including Goldman Sachs Group Inc. and JPMorgan Chase & Co. sold $8.64 billion of debt to fund the partial leveraged buyout of Worldpay...
Logo American BankerAmerican Banker
2023-09-22 13:19:16  • 1 min
Finance Minister Chrystia Freeland introduced legislation Thursday morning that would remove GST charges from new rental developments and update Canada's...
Logo CBCCBC
2023-09-21 17:28:35  • 1 min
Xavi extends until 2025 Has the option of an additional year Has won two trophies with Barca WHAT HAPPENED? The current terms of the manager were due to...
Logo GoalGoal
2023-09-22 18:54:00  • 1 min
By Thomas Morgan BBC News Cost-of-living payments only provide temporary respite from the use of food banks, it has been claimed. The UK's largest foodbank...
Logo BBCBBC
2023-09-21 23:29:05  • 1 min
AN ACCOUNTANT in northeast China deposited her life savings and received a letter guaranteeing her investment in a trust firm. Workers at a state-owned...
Logo The Business TimesThe Business Times
2023-09-23 05:11:01  • 1 min
A housing association could speed up the creation of new homes on the Isle of Man, a minister has said. It follow a review's recommendation that an...
Logo BBCBBC
2023-09-22 13:40:29  • 1 min
Deb Libby is running out of time to find a place to live. Libby, 56, moved to Worcester, Massachusetts, four years ago, in part to be closer to the doctors...
Logo U.S. News & World ReportU.S. News & World Report
2023-09-22 10:02:19  • 2 mins