New research has found that 43% of new homes built under the Help to Buy: equity loan scheme since 2013 would have not been built without introduction of the scheme.

A report published today also found that 82% of buyers under Help to Buy: equity loan would not have been able to purchase their home without the scheme helping them meet their ownership aspirations.

Launched in 2013, the Help to Buy scheme was set up to support hard-working people who could pay a mortgage but struggle to save the deposits required by lenders.

Now more than 130,000 people have now been able to become homeowners since the launch.

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