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|Two years since launch, 60% of England postcodes have zero ‘Help to Buy’ homes|
|Wednesday, 27 May 2015|
Two years after George Osborne launched Help to Buy in April 2013, a brand new interactive map from TotallyMoney.com, (http://www.totallymoney.com/help-to-buy-map/) using housing market data from the HM Treasury, reveals that close to half of all postcode districts in England (1,261 out of 2,117 total) are yet to see any mortgage completions under the Help to Buy scheme – despite there being in excess of 400,000 eligible homes currently available across the UK.
The map highlights all mortgage completions across the UK that were as a result of either the Help to Buy 1 (Equity Loan) or Help to Buy 2 (Mortgage Guarantee) scheme, revealing 1,261 ‘black spots’, where no Help to Buy properties are available or where the scheme simply hasn't been taken up.
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