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MP's delight at Help to Buy figures in Waveney

PUBLISHED: 14:00 24 September 2015

Waveney MP Peter Aldous.  Picture: James Bass

Waveney MP Peter Aldous. Picture: James Bass

Archant Norfolk © 2014

New figures have shown that a scheme has helped 141 people to buy their own home in Waveney.

Waveney MP Peter Aldous has welcomed the new figures, which show that Help to Buy has helped 141 people to buy their own home in the district.

Help to Buy was introduced by the Conservatives to help working people doing the right thing and saving for a deposit to achieve their aspiration of buying their own home. Across the country, Help to Buy has now enabled nearly 120,000 families to buy a new home, less than three years since it was launched.

Mr Aldous said: “Conservatives are committed to helping working people achieve the aspiration of buying their own home and our Help to Buy scheme has now helped 141 families to buy their own home in Waveney.

“The stronger economy and financial system means the Government expects banks to start to exit our Help to Buy Mortgage scheme, and it was introduced in times of financial distress and will come to an end next year in any case.

“The Help to Buy shared equity scheme goes from strength to strength and our new Help to Buy ISA we’re launching in December will provide generous support to those saving for their first home by providing a government boost on their deposit,” he added.

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