Tuesday, 13 January 2015

Help To Buy Sales Hit 73,000

The number of people joining the housing ladder continues to grow as new figures show more than 73,000 homes have been bought under the government’s Help to Buy schemes.  With housebuilding at its highest level since 2007, Housing Minister Brandon Lewis said the figures demonstrated how the schemes were getting the country building, as part of the government’s long-term economic plan. The figures include:
·         38,052 households helped into new build homes under the Help to Buy (equity loan) scheme
·         of these 83% are first time buyers (31,640) rising to 94% outside London 
·         30,269 households buying new and existing homes through Help to Buy: mortgage guarantee
·         5,518 households supported into a new build home through the NewBuy scheme

Read more on the CLG website.

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