Recent figures released by the Ministry of Housing revealed that 169,102 properties were purchased using the Help to Buy Equity Loan Scheme since it launched in 2013.
The value of the equity loans totalled £8.93bn with 81 per cent of purchases made by first time buyers.
The Help to Buy Equity Loan scheme applies to all home buyers, not just first time buyers and is available on all of our current developments. To date, all the reservations taken at Barley Folde, Pocklington have been made using the Help to Buy Scheme and several more have been made across the remaining developments.
David Smith, Head of Sales, said: “The Help to Buy scheme is hugely important for helping first time buyers to take their first step on the property ladder and supporting growing families who are moving up the ladder. We encourage all of our customers to explore the different Help to Buy options to find out how they can benefit.”
As well as the Help to Buy Equity Loan, the government also offers a Help to Buy ISA for first time buyers. To find out more about the schemes available at our developments click here or call Melanie Powls on 0333 370 2504.