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Reintroduce the Help to Buy Equity Loan Scheme for First-Time Buyers

29
signatures
closedMinistry of Housing, Communities & Local GovernmentOpened 5 June 2025Closed 5 December 2025

Background

We urge the Government to reintroduce the Help to Buy equity loan scheme, offering first-time buyers up to 20% (or 40% in London) on new-build homes. We believe the scheme should be open to all eligible buyers and accepted by all developers.

Additional details

The Help to Buy equity loan scheme enabled hundreds of thousands of people to purchase a home. The new scheme, the First Homes scheme, offers up to 30–50% discounts but it has been reported that there has been slow uptake. We believe reintroducing Help to Buy could address this gap, support first-time buyers, and strengthen the housing market.

Where it’s popular

Constituencies with the most signatures on this petition.

Luton South and South BedfordshireRachel Hopkins
2
Taunton and WellingtonGideon Amos
2
Bethnal Green and StepneyRushanara Ali
1
Birmingham Perry BarrAyoub Khan
1
BridgwaterSir Ashley Fox
1
ClactonNigel Farage
1
Croydon WestSarah Jones
1
DarlingtonLola McEvoy
1
Ealing Central and ActonDr Rupa Huq
1
Ellesmere Port and BromboroughJustin Madders
1
Harrow WestGareth Thomas
1
Hereford and South HerefordshireJesse Norman
1
Holborn and St PancrasSir Keir Starmer
1
Hornsey and Friern BarnetCatherine West
1
HyndburnSarah Smith
1
IpswichJack Abbott
1
Plymouth Sutton and DevonportLuke Pollard
1
Poplar and LimehouseApsana Begum
1
Portsmouth SouthStephen Morgan
1
Stratford-on-AvonManuela Perteghella
1

Source: UK Government & Parliament Petitions service. Petition ID: 727103.