Fewer homes would have been built last year if the Help
to Buy equity loan scheme (HTB1) wasn’t there to bolster demand, according to
Mortgage Advice Bureau (MAB). HBT1 help to avert a 5% drop in new housing
completions in England last year, the company said. A total of 118,830 new
homes were completed in England during 2014 according to data from the CLG.
Equity loan completions over the same period – 28,666 – made up 24% of this
figure, exceeding the 20% contribution of housing associations across the
country. Read more on the Housing Excellence website.
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