The government's Help to Buy scheme for new homes has
become a critical factor underpinning the market, according to housing
experts. In September, 2,252 purchasers
- mostly first-time buyers - used the scheme, giving it a record third quarter.
But there is concern that the popularity of Help to Buy could fuel further
increases in house prices. "Overall the proportion of sales accounted for
by Help to Buy is 40% and on some building sites it is reaching 70%," said
Ray Boulger of John Charcol mortgages. Read more on the BBC website.
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