The housing secretary has warned housebuilders that they must end “unacceptable” punitive costs and “nightmare” snagging problems in new homes if they want to continue to benefit from the Help to Buy scheme.
James Brokenshire launched a stinging attack yesterday, saying: “For most people, buying a home is one of the biggest financial and emotional investments of their lives. And for that to go from being a cherished dream to becoming a nightmare of snagging problems months after moving in and punitive costs is simply unacceptable.”
Brokenshire, 51, warned that he would be “considering carefully how the developers who work with us meet the standards and quality that customers expect and deserve” before the launch of the updated Help to Buy in 2021.
