29 September 2016

Almost 92,000 homes bought using Help to Buy

The latest figures released today (29 September 16) show that almost 92,000 properties have been bought using the Help to Buy: equity loan scheme. The majority of sales were to first-time buyers (74,025 representing 81% of total sales). The average purchase price was £226,887 and Manchester, Liverpool and Cheshire West and Chester all feature in the top 20 local authorities in terms of completed sales are for equity loans.

The table below shows all NW local authorities and equity loan completions:

Local Authority

Total Equity Loans

Equity Loans to First Time Buyers

Manchester

983

930

Liverpool

846

762

Cheshire West and Chester

842

637

Cheshire East

720

453

Chorley

600

453

Rochdale

591

515

St Helens

585

499

Salford

560

500

Wigan

524

421

Warrington

504

412

Tameside

428

375

Knowsley

370

332

South Ribble

341

272

Halton

299

220

Oldham

295

263

Bury

287

252

Sefton

286

258

Bolton

276

241

Wyre

243

207

Lancaster

234

190

Fylde

190

138

Carlisle

187

151

Burnley

178

149

Allerdale

168

134

Wirral

154

136

Stockport

146

116

West Lancashire

139

110

Ribble Valley

119

82

Preston

115

84

Trafford

112

106

Rossendale

110

84

Blackburn with Darwen

109

108

Hyndburn

86

79

Blackpool

77

68

South Lakeland

50

42

Copeland

43

37

Eden

37

31

Barrow-in-Furness

36

25

Pendle

15

12

Source: https://www.gov.uk/government/statistical-data-sets/help-to-buy-equity-loan-scheme-quarterly-statistics#local-level-data