The average price paid for properties purchased under the
various affordable housing schemes in Britain is £189,786, just 4 per cent
lower than the £197,535 average for house purchases, according to the Halifax. Regionally,
the highest average price paid by purchasers using affordable housing schemes
is in London (£323,148), while the lowest is in the north (£147,437). First-time
buyers remain the biggest beneficiaries of Help to Buy, accounting for 80 per
cent of purchases over the last year - significantly higher than the 46 per
cent of all mortgage financed home purchases made by first-time buyers over the
same period. The average price paid by first-time buyers using the scheme is
now £150,3611 - 10 per cent lower than the average price paid by first-time
buyers for all housing. Read more on the FTAdviser website.
Forced home moves cost renters over half a billion pounds a year
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There were 83,000 unwanted moves in England over the past 12 months,
meaning 40% have been forced to relocate
Unwanted home moves cost renters over half ...
5 hours ago
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