Blog Post

Help to Buy boosted sales of new homes. What next?

Rebecca Galgut Feb 25, 2022, 12:00 PM
247_Dataloft_inform_Insight

Take-up of the government's Help to Buy scheme has declined since the introduction of lower caps and when limited to first-time buyers from April 2021.

At its peak in Q4 2020, the scheme accounted for 36% of all new build sales (averaging 25% over 2020), but has been steadily falling to 14% (in Q3 2021).

New home developers have had to react to the reduction of Help to Buy sales and diversify their offering.

Successors to Help to Buy are likely to be primarily First Homes, but also Shared Ownership and private low deposit mortgages (e.g., Deposit Unlock).Source: Dataloft, DLUHC

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