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go to my blog Of these, 92% were bought by first-time buyers. We have got a distinct lack of lenders supporting Help to Buy 2 at the moment and while that is the case, NewBuy still has a role to play.But he added NewBuy remains relevant: NewBuy provides 100% ownership from day one.The average price of a property bought under the scheme was 194,167, with the highest number of Help to Buy sales in Leeds, Wiltshire, Milton click here for more and Reading.

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Just 26 Help to Buy equity loan sales involved properties worth more than 500,000.Completions under the first phase of the Help to Buy housing scheme more than doubled in September compared to the previous month to hit an all-time high of 1,895.However, he said the UK continued to suffer from a severe shortage of housing: While we already have Help to Buy, what we really need now is a Help to Build scheme, and this should be a government priority moving into 2014.yourmoney.surv chartered surveyors director Richard Sexton said Help to Buy had replenished the property markets energy: In little over six months theres been a tremendous turnaround in fortunes for new buyers.Next If you would like to know more about our pprivacy ppolicy, please folllow this link:
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04bn.According to statistics from the Department of Communities and Local Government (DCLG), 5,375 new homes were bought using Help to Buy in the six months since the initial phase of the scheme lauched in April. In total, there have been 4,450 completions under NewBuy since it began in 2012.More than a quarter of purchases were made by households with income between 30,001 and 40,000 per year, while more than a fifth were made by those earning between 20,001 and 30,000 per year.The majority taking advantage of Help to Buy are new buyers, which is largely down to a radical improvement in mortgage availability the once distant dream of owning a home has now already become a real, tangible reality for thousands under the scheme. More than 85% of purchasers had an income of 60,000 or less.

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The total value of equity loans made under the scheme was 208m, while the value of properties sold under the scheme hit 1.Mortgage Advice Bureau new homes director Andy Frankish said the figures demonstrate the success of the scheme: It is hitting exactly where it needs to hit, which is first-time buyers outside London in areas where local people want to get on the housing ladder in their home town.By contrast, completions under the other new-build scheme, NewBuy, fell to their lowest this year visit this site the third quarter. Just 676 completions took place, compared to 1,477 in the previous quarter. The bulk of homes were purchased for 250,000 or less.

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