Statistics showing cumulative sales since the launch of the Help to Buy (equity loan) scheme on 1 April 2013.
This is the third monthly release for Help to Buy (equity loan) scheme. The figures presented in this release cover the first 11 months of the scheme, from the launch of the scheme on 1 April 2013 until 28 February 2014.
These data includes the cumulative number of homes purchased (legal completions) by local authority area.
The main points are:
- in the first 11 months (to end February 2014) there were 16,465 properties bought (legal completions) with the support of the Help to Buy: equity loan scheme
- the top 5 local authorities in terms of legal completions are Leeds, Wiltshire, Central Bedfordshire, Milton Keynes and Peterborough
The next monthly release will include activity to 31 March 2014, and will be published in April 2014.
Previous editions of this table have also included figures for ‘scheduled-out sales’, an experimental statistic representing the number of potential completed equity following a reservation of a property in the scheme. The publication of these figures has been suspended for issues relating to data quality to be addressed.