The government’s housing minister came to the city on Thursday to see the effects of the Help To Buy scheme in Milton Keynes.
Brandon Lewis, secretary of state for housing and planning, visited Barratt Homes’ Brooklands development on Fen Street, meeting staff and new buyers.
Since its launch the government-backed scheme has helped 88,420 people buy a new home, with more than 800 new homes bought in Milton Keynes.
Mr Lewis said; “Help To Buy continues to be a huge success, helping almost 90,000 homebuyers nationally secure a new home, as part of this government’s drive to create a fairer society while boosting the economy.
“Thanks to the scheme, thousands of people have been able to buy a home with a fraction of the deposit they would normally require. It’s part of wider efforts to ensure anyone who works hard and wants to get on the property ladder has the opportunity to do so.”
Recent homebuyer Vicky Wood, who met the minister near the site of her family’s new three-bedroom home, said, “We wouldn’t have been able to buy such a large house if we hadn’t used Help To Buy, it meant we could find a place that suited us, and our money went that little bit further.”
Andrew Swindell, managing director of Barratt Northampton, said; “More than half our local customers have used Help To Buy to purchase their ideal new home since the scheme launched two years ago – that’s more than 600 new homes – and here at Brooklands 60 per cent of all our customers used Help To Buy. It’s very popular.”