Sadiq Khan calls for Help to Buy loans grace period extension

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".

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