UK government is reportedly considering a new Help to Buy scheme for first-time buyers, The Telegraph reports

• Said to be considering a scheme similar to the old Help to Buy scheme, which allowed first-time buyers to get a government loan of as much as 20% (40% in London), to bolster a deposit of at least 5%.
• Any new scheme is potentially expected to include contributions from developers.

The UK government's potential revival of a Help to Buy scheme could ease access to homeownership for first-time buyers, supporting the housing market. This move may benefit homebuilders like Persimmon, Redrow, and Taylor Wimpey, signaling a positive outlook for the sector amidst ongoing affordability challenges. Watch for market responses on housing stocks, as increased demand could bolster their valuations and influence broader sentiment in the FTSE 100.