Help to Buy used in 20% of London’s new-build sales

By Jordan Marshall2019-11-27T06:00:00

Nearly two-thirds of new homes in Barking and Dagenham bought with loan scheme since 2013

Help to Buy loans have been used on more than 20% of new-build sales across the capital since 2013, analysis published this week has revealed.

But the research, which was carried out by the fintech firm Proportunity, said more needed to be done by the next government to boost homeownership in the centre of the capital, since the scheme has helped more buyers in outer London than those in inner boroughs.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community