22 June 2017

Help to Buy Equity Loan Scheme Quarterly Statistics - June 2017

The latest Help to Buy statistics released today (22 June 2017) show that more than 120,000 completions have now taken place through the Help to Buy Equity Loan scheme, which offers buyers up to 20% of a newly built home’s costs so they only need to provide a 5% deposit.

The main points are:

  • 120,864 properties were bought with the support of the Help to Buy Equity Loan scheme
  • the majority of sales were to first-time buyers (97,578) representing 81% of total sales
  • the average purchase price was £236,041

North West local authorities featured in the top 20 in terms of completed sales include: Manchester (10th), Liverpool (13th), Cheshire West and Chester (15th) and Cheshire East (17th).

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

Local Authority

Total Equity Loans

Number of Loans to First Time Buyers

Manchester

1214

1133

Liverpool

1132

1016

Cheshire West and Chester

1109

840

Cheshire East

1023

783

Chorley

759

555

St Helens

740

623

Rochdale

737

631

Wigan

729

582

Salford

718

624

Warrington

592

466

Tameside

562

496

Knowsley

470

416

Halton

436

331

South Ribble

405

325

Oldham

386

344

Bury

382

333

Sefton

349

313

Bolton

348

307

Wyre

326

278

Lancaster

313

259

Fylde

301

220

Carlisle

269

214

Stockport

235

189

Burnley

232

193

Wirral

227

190

Allerdale

211

167

Preston

204

149

Ribble Valley

184

130

Rossendale

174

128

West Lancashire

169

131

Trafford

133

125

Blackburn with Darwen

110

123

Hyndburn

123

112

Blackpool

110

96

Copeland

76

65

South Lakeland

63

52

Eden

59

46

Barrow-in-Furness

52

38

Pendle

34

29