Mortgages: Thousands of first time buyers take advantage of Help to Buy

iStock_000001310973XSmallNew figures have shown how thousands of first time buyers have taken advantage of the Government’s Help to Buy scheme. The data released by the Department for Communities and Local Government (DCLG), shows 5,375 new homes have been bought over the past six months using the Help to Buy Scheme. Encouragingly 92% of the homes were bought by first time buyers; one of the groups Help to Buy was designed to help. The average price of property bought under the scheme ...