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Head and shoulders above the rest


Would-be-homeowners in large parts of England are being priced out of a government scheme to help first-time buyers, a BBC investigation has found.

The Help to Buy Individual Savings Account (HTB Isa) was introduced last year to help people save for a home.

In many areas, the average price of a starter home exceeds the maximum purchase cap of £250,000, or £450,000 in London.

Chancellor George Osborne said the scheme was aimed at first time buyers.

The HTB Isa was introduced in December to allow first time buyers to put their deposit into a tax-free savings account and get a 25% bonus, up to a maximum of £3,000, when they buy their home.
However, the bonus is only available if the purchase price does not exceed the cap. Housing charity Shelter said it only helped "the lucky few" and the government should focus on building more homes.

Please call my Chorlton office on 0161 882 2233 if you wish to book a viewing on one of our fantastic properties, or if you wish to book a FREE market appraisal on your property.

'What you do today can improve all your tomorrows.'

Kind regards

Eddie Ellis MNAEA
Director
JP & BRIMELOW Chorlton



Chepstow Road, Chorlton M21

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Withington Road, Whalley Range M16

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