Help to Buy  

Half of first-time buyers hit by end of Help to Buy

More than 86,000 households have been supported by the scheme, with an average property price of £157,000 compared with the national average of £216,000.

The Treasury said the decision to close the mortgage guarantee scheme “does not diminish” the government’s support for the Help to Buy: Isa and the Help to Buy equity loan scheme.

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emma.hughes@ft.com