Tuesday, 30 April 2019

Over 200,000 Borrowers Aided By HTB So Far


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.

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