First Time Buyers Using Help To Buy Pay 10% More For New Homes

First time buyers in England buying a new home using the Government’s Help to Buy Equity Loan scheme are paying on average 10% more than those buying new homes without it, a new study has found. According to data collected from 41,500 First Time Buyers using reallymoving for home move services over the last year, those purchasing a new build home with Help to Buy in England paid on average £303,450 in the 12 months to September 2019. Calculated at postcode area level to account for regional variations, the figures show that the premium paid by those using Help to Buy Equity loans was 10.3%. Read more on the Property Wire website.

https://www.propertywire.com/news/uk/first-time-buyers-using-help-to-buy-pay-10-more-for-new-homes/