Help To Buy ‘Could Be The Next PPI’

Help to Buy could be ‘the next PPI’ says house move quote specialist reallymoving releasing data that reveals first time buyers using the scheme are paying on average 8% more than those buying new homes without it. The PPI comparison is, says reallymoving, particular poignant as the five-year interest free part of the Help to Buy loan is now coming to an end for the first users of the scheme. According to data collected from almost 70,000 first time buyers using reallymoving for home move services, first time buyers purchasing a new build home without Help to Buy pay on average £257,908 compared to £277,968 paid by those who use the scheme. Read more on 24housing.

https://www.24housing.co.uk/news/help-to-buy-could-be-the-next-ppi/