Help to Buy equity loan completions top 19,000
Almost 20,000 properties have been purchased using a Help to Buy equity loan in the year since the scheme’s launch, government figures have shown.
The total value of properties purchased using the scheme was £3.97bn, with the government’s equity loan contributions totalling £791m.
The average equity loan was £36,999 and purchased a house valued at £184,995. First-time buyers accounted for 87.5% of the transactions completed.