Downing Street Says » Help to Buy

» Monday, February 3, 2014

Help to Buy

Asked whether the PM was concerned the Help to Buy scheme was causing a London housing bubble, the PMS said the PM thought Help to Buy was an excellent scheme. 75% of properties purchased using Help to Buy were outside London. The overall average price for homes bought under the scheme was £175,000. The government had introduced changes meaning foreign property investors had to pay capital gains tax.

original source.

Briefing took place at 10:00 | Search for related news

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