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

Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

"I would have no hesitation on recomending Gill and her team to manage a property or portfolio, in fact I think anyone would be mad to go anywhere else!"

- Barry

"Sean is lovely every time he comes round to do an inspection on the house, really polite"

- Charlotte

"The attention to detail and commitment to customer service is remarkable."

- Asad

"Abbey Bird at Peter Antony Estate agents has been and still is amazing"

- Sky

"We are both so happy with the agents"

- Megan

"Abbey was a fantastic help"

- Olivia

"Abbey was lovely, really helpful and informative, thank you!"

- Lisa

"The experience was good"

- Bailey