Many buyers using Help to Buy scheme would have bought a home anyway – PropertyWire

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That is a fair point that cannot be made about other versions of the scheme: the Help to Buy ISA rewards anyone who can save up. the scheme would have been built anyway and that many buyers used it.

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With Help to Buy, you can buy a new home on a new development worth up to 600,000 with assistance from the Homes and Communities Agency (HCA) in the form of an equity loan. The Agency will lend you up to 20% of the value of a property leaving you to find a minimum 5% deposit and secure a mortgage to cover the remaining 75%.

The Help to Buy Scheme 1 has increased home ownership and housing supply. However, many of those using the scheme would have been able to buy a home anyway, according to today’s report by the national audit office (NAO).

The latest figures show that more than 259,000 people have bought a home using a Help to Buy scheme, while over 868,000 aspiring homeowners have opened a Help to Buy Isa in order to benefit from.

Many people who used the Help To Buy scheme could have bought a home anyway, according to the National Audit Office (NAO). The equity loan scheme, which ran from 2013 to December last year, has.

Significant numbers of people using. Help to Buy equity loan scheme in England would have been able to purchase a home anyway, according to a spending watchdog. While some people see Help to Buy as.

Help to Buy ISAs have proved less popular in the expensive South East, analysis shows. photo: shutterstock. There were 62 homes bought. that many of those using the scheme would have been able to.

What is Help to Buy? It’s the government scheme, launched in April 2013, which lets any would-be home buyer in England (not just first time buyers, and not just the less well-off) apply for an.

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So if builders aren’t providing affordable housing the presence of the scheme becomes a moot point for many potential home-buyers. ostensibly Help-to. those who can afford to buy anyway? More than.