One In Four Users Of Help To Buy Already Owns A Home

One in four users of the Help to Buy scheme, which was introduced five years ago to make it more affordable to get on to the property ladder, already own a home.  Existing property owners accounted for 23.8pc of the Help to Buy mortgage completions since the Government scheme was launched in April 2013. So far, £2.2bn has been lent to people who already own a house – 19pc of the total £8.7bn lent. Read more on the Daily Telegraph website.

https://www.telegraph.co.uk/money/consumer-affairs/one-four-users-help-buy-already-owns-home/