Monday, 3 July 2017

Help To Buy Helps More Than 240,000 First-Time Buyers

At least 240,000 first-time buyers have been able to purchase a home using Help to Buy, according to government statistics. The Help to Buy: ISA has in total helped more than 960,000 people save towards their own home, according to the government. The statistics also suggest that at least 285,000 completions have taken place using one or more of the Help to Buy schemes, with 90 per cent of them taking place outside of London. More than 240,000 first-time buyers have purchased their first home using the schemes. The Help to Buy Equity Loan scheme has seen more than 120,000 completions. This scheme offers buyers up to 20 per cent of a newly built home’s costs so they only need a 5 per cent deposit. Read more on the Planning Portal.

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