Almost 100 homebuyers in East Ayrshire have used Help to Buy to buy a new property over the past year.
The latest figures from the Scottish Government show that 100 people in East Ayrshire have used the scheme from June 2018 to June 2019, with the total value of homes in the area purchased using the scheme reaching £16million. The average value of a home purchased using Help to Buy (Scotland) in East Ayrshire was £170,000.
Across Scotland, there were 2,370 sales using Help to Buy (Scotland) over the past year, with an average purchase price of £172,000.
Estelle Sykes, sales director for Barratt West Scotland, said the scheme has proved invaluable for first time buyers.
She said: “While Help to Buy has been available to first time buyers and those moving up the housing ladder for five years now, the statistics show that it remains a popular source of financial support for home buyers.
“It’s vital that we keep spreading the word that buyers need just a five per cent deposit to buy a new home so we can help even more first-time buyers this year.”
Help to Buy (Scotland) allows first-time buyers and home movers to buy new-build homes with deposits of just 5 per cent. The Scottish Government will lend you up to 15 per cent of the property value, up to £200,000 through an equity loan until 2021.
For more information visit https://www.barratthomes.co.uk/new-homes/east-ayrshire/h741601-lairds-brae/ or call 0333 455 2615.
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