Help to Buy makes 'flying start' with 4,000 reservations

The Home Builders Federation said the scheme had made a ‘flying start' and that the housebuilding industry would be able to significantly increase its output thanks to the government programme. The equity loan aspect of the Help to Buy scheme launched on April 1 and is expected to deliver around 74,000 sales in the next three years. Stewart Baseley, executive chairman at the Home Builders Federation, said: "It has been an unqualified success so far and 4,000 reservations in just two months shows both the consumer demand for the scheme and developers' commitment to it. "The large de...