Help To Buy Working As Intended, Says Aldermore

POSTED: 28th November 2014
IN: Newsroom

Commenting on the Government's latest Help to Buy: mortgage guarantee scheme figures, Charles Haresnape, Managing Director, Mortgages and Commercial Lending at Aldermore Bank said:

"It's incredible to think that more than 30,000 people have been able to buy a house in the past year due to the Help to Buy: mortgage guarantee scheme. Many of these new homeowners simply wouldn't have been able to raise a sufficient deposit without Help to Buy. The latest statistics from the Government show that the scheme is working exactly as intended, by helping regions outside the South East and primarily first time buyers.

"Despite fears when the scheme was initially announced, it has not contributed to any housing bubble. We are proud to be part of this scheme and look forward to supporting further Help to Buy customers next year."



For further information, journalists can contact:
Nicola York, Cicero Group
Phone: 020 7297 5965
Mobile: 07841 864 107

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