20,000 homes bought with Help to Buy loan scheme

Just over 20,000 properties were bought with the support of the Help to Buy loan scheme in its first 13 months, according to official data.

The scheme offers buyers 20% of the cost of a new-build home, with the purchaser then needing to provide a 5% deposit.

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7,313 Help to Buy mortgages completed in six months

There were 7,313 mortgages completed with the aid of the Help to Buy mortgage guarantee in its first six months, according to data from the Treasury.