Monday, 29 June 2015

Help to Buy Creates 131 New Homeowners A Day

The Help to Buy schemes have created 131 new homeowners every day since April 2013, says Housing Minister Brandon Lewis. Mr Lewis said the figures show Help to Buy is an important part of the government’s efforts to ensure anyone that works hard and aspires to own their own home has the opportunity to do so. Since the launch of the schemes, over 100,000 people have used the Help to Buy equity loan, mortgage guarantee and NewBuy schemes at a fraction of the deposit they would normally require. Four out of the 5 of these were first-time buyers – and 94% of the sales were outside of London. Read more on the CLG website.

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