PM: Scheme helps people 'without rich mum and dad'

The Help to Buy scheme is a "huge success" that has helped young people "without a rich mum and dad" to get on to the property ladder, David Cameron has said.

The Prime Minister was speaking after figures showed the government's mortgage guarantee scheme had been used in 7,313 completed purchases in its first six months.

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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.