28 September 2017

Help to Buy Equity Loan Scheme Quarterly Statistics - September 2017

The latest Help to Buy statistics released on 28th September 2017 show that more than 130,000 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:

  • 134,558 properties were bought with the support of the Help to Buy Equity Loan scheme
  • the majority of sales were to first-time buyers (108,620) representing 81% of total sales
  • the average purchase price was £240,530

North West local authorities featured in the top 20 in terms of completed sales include: Manchester (12th), Liverpool (13th), Cheshire West and Chester (14th) 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

1272

1189

Liverpool

1260

1126

Cheshire West and Chester

1243

950

Cheshire East

1175

881

Chorley

823

594

Wigan

819

653

Rochdale

817

701

St Helens

815

688

Salford

787

683

Tameside

626

556

Warrington

613

479

Knowsley

533

470

Halton

497

383

South Ribble

425

340

Oldham

406

360

Bury

401

349

Bolton

381

334

Sefton

374

336

Wyre

359

307

Lancaster

346

288

Fylde

339

251

Carlisle

305

248

Wirral

275

229

Stockport

269

214

Burnley

243

204

Preston

237

178

Allerdale

223

179

Ribble Valley

212

148

Rossendale

191

143

West Lancashire

179

139

Trafford

147

136

Blackburn with Darwen

137

130

Hyndburn

135

120

Blackpool

121

106

Copeland

84

72

South Lakeland

66

52

Eden

61

48

Barrow-in-Furness

54

40

Pendle

47

42