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Re: Coaliton's NewBuy housing scheme is a 95 per cent failure, official figures revea
I am sure those five and a half thousand* people/families who benefited from it don't think it is a failure.....
I see the Indy didn't mention the Help to Buy scheme, which has helped nearly 36,000 people/families buy a house, 83% of which were first-time buyers.
Quote:
The main points are: - in the first 19 months (to 31 October 2014), 35,962 properties were bought (legal completions) with the support of the Help to Buy: equity loan scheme
- the majority of sales were to first-time buyers, representing 83% of total sales
- the average (mean) purchase price was £211,217
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*got to love the Indy's rounding down.....
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