‘Help to Buy’ costs first-time buyers an average £33,000 extra

“First-time buyers who use Help to Buy to get on to the property ladder face paying a premium of more than £30,000.

That’s according to new research by the price comparison website Reallymoving, which claims first-time buyers using Help to Buy paid an average £303,000 in February, significantly more than the average of £270,000 spent by those who bought a home on the open market. …”

First-time buyers face a £33,000 premium when using Help to Buy