Section: Home Ownership

Help to Buy helps over 220,000 people buy a new home

Posted 16.12.16
Department for Communities and Local Government: Article link

The latest Help to Buy statistics released (15 December 2016) show that over 220,000 people have been able to buy a home using the Government's Help to Buy products.

People have benefitted from the following Help to Buy schemes: ISA, Shared Ownership, Mortgage Guarantee, Equity Loan and London Help to Buy.

These latest statistics show that:

• over 220,000 completions have taken place under the schemes
• over 180,000 first time buyer households are now on the housing ladder after using a Help to Buy Scheme
• the average house price across the schemes is £191,000

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