Help to Buy home values £100,000 below average

The average property bought with the government's Help to Buy mortgage guarantee scheme is valued at more than £100,000 less than the average UK property price.

ITV News Business Editor Joel Hills reports:

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Average purchase price using Help to Buy mortgage guarantee scheme has been £151,597, UK average price is £252,000 http://t.co/mCbgZGVIv8

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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.