Welcome to the Financial Times Lexicon

Browse thousands of words and phrases selected by Financial Times editors and suggest new terms for the glossary.


Term of the day

Help to Buy

There are a number of Government schemes to help individuals who are unable to afford to buy a home, including help to buy equity loans,help to buy mortgage guarantees and help to buy ISAs (see Individual savings account).

Help to buy equity loans are available in England to all buyers for new builds with a purchase price of up to £600,000. The property must be the individual’s only property and cannot be sublet. The loan from the Government is for up to 20 percent of the purchase price,...