Number 10 Issue Latest Take-Up Figures for Help to Buy

The press release states that, in the 12 weeks since the scheme was launched, nearly 750 homeowners have completed purchases and over 6,000 people have put in offers on a home using the Help to Buy Mortgage Guarantee scheme. This represents £1 billion of new lending, once all mortgages have been approved.

Commenting on the progress, Prime Minister David Cameron is quoted as saying:

“The New Year is often a time when people look to make those big life-changing decisions like moving home or taking that first step on the housing ladder.

“But too many people have found themselves frozen out of the market in recent years as a result of the size of the deposit required.

“That is why as part of our long-term economic plan we introduced the Help to Buy scheme, so hardworking people with sufficient earnings can get on, fulfil their aspirations and enjoy the security of owning their own home.

“In less than 3 months, the scheme has already helped thousands of people.

“I want to see that continue in 2014 and for Help to Buy to help thousands more realise their dream of home ownership.”

Categories: Uncategorised

Number 10 Issue Latest Take-Up Figures for Help to Buy

The press release states that, in the 12 weeks since the scheme was launched, nearly 750 homeowners have completed purchases and over 6,000 people have put in offers on a home using the Help to Buy Mortgage Guarantee scheme. This represents £1 billion of new lending, once all mortgages have been approved.

Commenting on the progress, Prime Minister David Cameron is quoted as saying:

“The New Year is often a time when people look to make those big life-changing decisions like moving home or taking that first step on the housing ladder.

“But too many people have found themselves frozen out of the market in recent years as a result of the size of the deposit required.

“That is why as part of our long-term economic plan we introduced the Help to Buy scheme, so hardworking people with sufficient earnings can get on, fulfil their aspirations and enjoy the security of owning their own home.

“In less than 3 months, the scheme has already helped thousands of people.

“I want to see that continue in 2014 and for Help to Buy to help thousands more realise their dream of home ownership.”

Categories: Uncategorised
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