Petition · past parliament
Extend the current Help to Buy: Equity Loan scheme and ditch the 21-23 scheme
Rejected
15 signatures
What the petition asks
The new Help to Buy: Equity Loan scheme price cap is so low for all regions outside of London. The majority of young families have been trying hard to save for years with a house price target in mind. Now the government have created a new price cap creating a shift in what houses are affordable.
The price cap in all regions outside of London are too low. New build house prices are expensive for 3+ bedrooms. A lot of young families who have have more than 1 child will not be able to live in the smaller houses that are within the price cap. The government should seriously look at how feasible this is before it creates more poverty in regions outside of London. The price cap needs to be increased in those regions. A lot of new build development prices in the NW for example start at £238k.
Why it was rejected
There was already a petition about this issue. Duplicates are rejected so signatures collect in one place.
You may wish to sign this petition calling for the same action: Extend the Help to Buy. Protect deposits for those over the new house cap.
Timeline
| 19 Nov 2020 | Petition opened for signatures |
| 26 Nov 2020 | Rejected by the Petitions Committee |
Key facts
Signatures
15
Status
Rejected
Rejected
26 Nov 2020
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Source: the official petition page. Last checked 15 Jul 2026.