Richard Benyon, Member of Parliament for Newbury, has welcomed new figures which show that the Government’s flagship ‘Help to Buy’ policy has aided 225 people in buying their own home in the Newbury constituency.
Help to Buy was introduced by the Conservatives to help working people achieve the aspiration of buying their own home. Nationally, the scheme has now enabled 120,000 families to realise this dream, less than three years since its launch.
Richard said: “This policy has clearly been a huge success in the Newbury constituency. I am even more pleased that, nationally, 80 per cent of those helped are first-time buyers”.
He continued: “As of 1 December, the Help to Buy ISA will start supporting those who are working hard to save up for a deposit for their first home. This is a further incentive from Government to help the next generation of home owners”.