More than 420,000 people get on the housing ladder with Help to Buy

When it comes to buying a house, there’s a lot to think about. From looking into moving companies Winston Salem to finding a job in the area to saving enough money for a deposit, it can be a difficult process. But, many people are finding the financial aspect of it easier thanks to the government.

More than 420,000 people have now used the government’s Help to Buy schemes to help them realise their home-owning dreams, new figures show.

First-time buyers continue to open new Help to Buy: ISA accounts, with more than 1.2 million accounts now opened, offering government bonuses of up to £3,000 on top of their savings.

Quarterly Help to Buy statistics released this week show that:

  • more than 420,000 completions have taken place using one or more of the Help to Buy schemes
  • more than 365,400 first-time buyer households are now on the housing ladder thanks to Help to Buy
  • the North West is the region with the highest number of Help to Buy completions (more than 20,000 in the last quarter)
  • There has been a 10% increase in potential first-time buyers showing interest in buying a house after talking to a mortgage advisor.

Are you making your debut in the property and real estate market? If you have purchased a home of your own, then your next step should be to arrange for professional movers similar to this Air Van Moving Company to take care of transporting your furniture and other bulky belongings to your new home.

Moving in can be stressful, so to make the whole process that little bit easier, be sure to find an experienced moving company that you know that you can trust. Additionally, finding a trustworthy mortgage lender is important should you need a mortgage, as many do. Many homebuyers also turn to loans, which can be useful if you just need that little bit more to secure your dream home. Understanding the LE or Loan Estimate LE can be confusing, however, so make sure you do your research on any loans you’re looking at getting – you don’t want to get caught out on anything.

The housing ladder is hard to get onto at the moment, especially with the limited number of affordable homes available, but with a little patience and perseverance, you’ll get to where you want to be. With some savvy saving and solid plans, you’ll find somewhere that suits you and gets you onto that all-important first rung.

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