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 scheme 'should be more competitive'

Jonathan Harris has called for a wider range of mortgage products in the scheme. Credit: ITV News

The government's "restrictive" Help to Buy mortgage scheme should offer a wider variety of mortgages to make it more attractive to those eligible, a mortgage broker has told ITV News.

Jonathan Harris of Anderson Harris said: "The products on offer tend to be very short-term fixes and with the rates people are obviously paying a preview for the higher loan-to-values.

"It would be good to see a more competitive product range and more innovation from the lenders," he added.

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