Changes in Help to Buy housing scheme will make ‘most first home buyers’ eligible, Labor says
Source: The Guardian | Published: March 22, 2025, 4:36 a.m.
Minister announces increase in both income and property price caps as part of 2025 budget
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Labor will increase the income and price caps for its signature Help to Buy scheme as part of next week’s budget, which it has promised will deliver cost-of-living relief.
Under the shared equity scheme, the commonwealth provides first home buyers with 30% of the purchase price of an existing home, or 40% for a new home.
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