Families earning more than £100,000 and people moving up
the housing ladder are among those taking advantage of a government scheme
which is offering a "blank cheque" to builders. The Help To Buy scheme,
which offers loans guaranteed by the state for up to 20% of a property's value
- or 40% in London - was launched in 2013, allowing Brits to get on the
property ladder with as little as a 5% deposit.
More than 90,000 first time buyers have been helped onto the property
ladder by the initiative, but figures show that more than 20,000 were people
moving up the housing ladder. Read more on the ITV website.
