Since the launch of Help to Buy in December 2015, 218,371
property completions have been supported by the scheme, according to data
collected by HMRC. The data also shows that 286,604 bonuses have been paid through
the HTB since its start to December 2018, equating to £258m. The average value of a property purchased through the
scheme is £173,627, while the average first-time buyer property is £194,237,
and the national average house price is £230,776, according to HMRC. Furthermore,
on average the age of an FTB in the HTB scheme is 27, compared to the average
age of an FTB which is 30. Read more on the Mortgage Strategy website.
The rapid rise of renters in their 60s: ‘I hate the idea of house-sharing –
but I have no choice’
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It is often assumed that people of retirement age will no longer have
housing costs to cover. But for a significant and growing group, this is
far from t...
10 hours ago
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