450 families get on the housing ladder

NEARLY 450 families in Warrington have now bought their own homes through the Government’s Help to Buy scheme.
Across the country the scheme, which enables people to access an affordable mortgage with a small deposit, has helped nearly 90,000 families to buy a home – with more than 80 per cent of sales going to first-time buyers.
Richard Short (pictured), Conservative Parliamentary candidate for Warrington North, welcomed the figures.
He said: “Conservatives believe that everyone who works hard should be able to have a home of their own. But when we came to office, too many people couldn’t afford the huge deposit they needed to get on the housing ladder.
“We weren’t prepared to let that continue which is why, as part of our long-term economic plan, we launched Help to Buy so people could get an affordable mortgage with only a five per cent deposit. Since
this was launched a total of 446 families have been able to get on the housing ladder in Warrington.
“Every additional family that is able to get on the housing ladder is one more family able to enjoy the security and peace of mind that comes from owning your own home. Only the Conservatives have a plan to make sure everyone who works hard can have a home of their own.”
Mr Short said the new figures came in the same week the Prime Minister
committed the next Conservative Government to delivering 200,000 new Starter Homes by 2020 – good quality homes that will be sold at 20 per cent below the market price and be reserved for first-time buyers only under the age of 40.
He noted that house building is now at its highest level since 2007, meaning more people are able to get on in life and find a home of their own.