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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.

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Help to Buy: Most purchases outside of London

The government's Help to Buy scheme is providing more support to buyers in the north-west and the east than to those in London and the south-east, according to the Treasury.

Only 5% of total mortgage completions using the scheme were for homes in London, with 14% in the south-east.

The finding follows claims that the scheme was supporting a housing "bubble" in the capital and south-east.

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