The average price of first-time buyer properties bought
with Help to Buy equity loans in England has hit record levels growing at a
rate that outstrips wages, official figures show. The mean purchase price for
first-time buyer properties bought under the scheme between July and September
last year was up 12% to £278,189 from £249,234 in the same period in 2016. In
the same timeframe, the average total applicant household income under the Help
to Buy equity loan scheme was up to £54,019, increasing from £50,302 in 2016.
Download the figures from the Treasury website.
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