Help to Buy: Helping 100,000 Buy a New Home

Help to Buy, the government’s flagship housing scheme, has helped almost 100,000 people buy a new home since it was introduced. Since the launch of the Help to Buy equity loan and mortgage guarantee schemes:

·         80% of scheme completions have been made by first-time buyers, with more expected when the government’s Help to Buy ISA launches this autumn

·         the average house price was £184,000, significantly below the national average

·         almost 94,000 people have bought a home through the scheme

·         95% of Help to Buy completions took place outside of London

·         over half of Help to Buy completions have been for new-build homes

Read more on the CLG website.