Help To Buy Loans Tally Tops £14bn

Almost a quarter of a million homes have been bought by people using £14.3bn of Help to Buy loans since the introduction of the government’s deposit scheme. The MHCLG said 248,075 properties had been bought using Help to Buy loans between April 2013, when the scheme was established, and 30 September last year. Controversially nearly half (46%) of all loans went to households earning in excess of £50,000 a year. Nearly a fifth (18%) went to households earning between £60,001 and £80,000. Read more on Housing Today.

https://www.housingtoday.co.uk/news/help-to-buy-loans-tally-tops-14bn/5104593.article