Help to Buy supports over 320,000 people in buying their own home.

The schemes have also helped more than 275,000 first time buyers achieve their dream of owning a home.

The government’s Help to Buy schemes have continued their success, supporting over 320,000 people across the UK to buy a home. Over 1 million Help to Buy: ISAs have now been opened by first time buyers, offering government bonuses of up to £3,000 towards the cost of a first home.

Help to Buy statistics released today (Thursday 28 September) show that:

  • over 320,000 completions have taken place using one or more of the Help to Buy schemes
  • over 275,000 first time buyer households are now on the housing ladder thanks to Help to Buy
  • the average house price across the schemes is £196,092, below the average UK house price
  • over 90% of completions across the Help to Buy schemes have taken place outside of London

Stephen Barclay, Economic Secretary to the Treasury said:

“Help to Buy supports people who want to turn their dream of owning a home into a reality. The schemes have now helped over 275,000 first time buyers across the country achieve home ownership.”

Full article can be found here

Source: Gov.UK