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The Department for Communities and Local Goverment has released the latest figures from the Help to Buy: Equity Loan scheme since its launch on 1 April 2013 until 30 September 2015.
The figures reveal that:
Number of households supported
Value of homes purchased under the scheme
Who is benefitting and where
Wiltshire – 1,084 sales
Leeds – 999 sales
Central Bedfordshire – 979 sales
Peterborough – 819 sales
County Durham – 803 sales
Bedford – 772 sales (replacing Milton Keynes in 6th place)
The Communities Secretary, Rt Hon Greg Clark MP, said:
“We’ve got the country building again and seen the number of new homes increase by 25 per cent in the last year alone with thousands of people across the country helped to own a home with Help to Buy.”
HBF’s Executive Chairman, Stewart Baseley, said:
“The Help to Buy: Equity Loan scheme continues to drive demand for new build homes. It is no coincidence that since Help to Buy has unlocked demand for new homes and allowed buyers to buy the supply of new homes has increased by almost 40%. The industry is now providing more desperately needed high quality homes and creating tens of thousands of jobs across the country.”
We will get back to you as soon as possible.