Further details about this "Affordable Homes Guarantee Scheme" are currently thin on the ground, and a consultation process is likely to follow in order to determine the structure and timescales.  But it is news that will be welcomed in the sector, particularly as it signals a move away from support at the demand end of the market (e.g. Help to Buy), which has arguably led to an increase in house prices.

We will be watching developments on this carefully and will provide further updates when more is known but please do contact us with any questions in the meantime.

new £3bn Affordable Homes Guarantee scheme is revealed