Middle income households biggest Help to Buy users

Households on middle incomes were the biggest beneficiaries of the Help to Buy mortgage guarantee, new figures show.

Data from the Treasury indicates that households earning between £30,000 to £50,000 accounted for 44% of all mortgage completions using the scheme.

ITV News' Joel Hills reports:


Here's who is getting their mortgages guaranteed by the taxpayer under Help to Buy. http://t.co/M5kvNUUYXb



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.