Michael Tomlinson has welcomed new figures showing that Help to Buy, the Conservative scheme to help people access an affordable mortgage with a small deposit, has helped 58 families to buy their own home in Mid Dorset and North Poole– and has said that only the Conservatives will keep helping local people onto the housing ladder
Across the UK Help to Buy has now meant over 90,000 families have been able to buy their own home, with over 80 per cent of sales going to first-time buyers. This is creating a new generation of homeowners.
Conservatives now want to go further over the next five years by:
• extending Help to Buy
• building 200,000 discounted Starter Homes for first-time buyers
• creating Help to Buy ISAs to help people save for a deposit
• keeping interest rates low so mortgages are affordable
• extend the Right to Buy to Housing Association tenants.
But all this will only be possible if we have a majority Conservative government. A vote for any other party in Mid Dorset and North Poole would make it more likely that Ed Miliband, propped up by the SNP, would become Prime Minister and put all this at risk. Labour and the SNP have attacked Help to Buy and Right to Buy. Ed Miliband wants to kill-off the Help to Buy ISA before it has even begun and would wreck the economy, undermining house building and making it harder to buy a home.
Local estate agent, Paul Harrison, commented on the Help to Buy scheme: 'Although I haven’t had a purchaser use this through my office, to date, my colleagues in our Broadstone associated office are currently selling a home to purchaser’s making good use of the facility. They have not had any issue with the Help to Buy part of the transaction and only have good things to say about it. Helping those, who may otherwise struggle to get onto the housing ladder, is certainly a good thing in my opinion’.