Help to Buy sends number of first-time buyers into the 12-year record books
The number of first-time buyers reached a new high last year – with the catalyst being Help to Buy, the scheme that helps purchasers of new-build homes only. According to trade body UK Finance, there were 370,000 new first-time buyer mortgages completed last year, some 1.9% higher than in 2017. This is the highest number […]
Nearly 160,000 homes bought with Help to Buy scheme
Since the Help to Buy: Equity Loan scheme was launched on 1 April 2013, a total of 158,883 properties have been bought with an equity loan up to the end of 2017. The latest government figures show that the total value of these loans was £8.27 billion, with the value of the properties sold under […]