Thursday, 29 September 2016

Government Schemes Helping More First Time Buyers Onto Housing Ladder

Over 56,000 households have now been helped to purchase a home since 2012 through the UK Government’s revitalised Right to Buy scheme, the latest figures show. And when all the schemes are added together more than 312,000 households have benefited from home ownership schemes including Right to Buy, Help to Buy and Help to Buy: Shared Ownership since 2010. The figures also show that over 3,350 households bought under the Right to Buy scheme in the three months to June, a 21% increase from the same time last year and councils received £283 million from sales of homes, a 27% increase for the same quarter last year, which will be re-invested into new homes. Download the latest figures from the GovUK website.

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