Second steppers using Help to Buy
HELP TO BUY: The government Help to Buy scheme is available to all homebuyers but the uptake remains largely first-timers.
However, Linden Homes has noticed a shift in this national trend with almost a third of homes sold to existing home owners who are now increasingly taking advantage of the equity loan scheme.
Steve Woomble, sales director at Linden Homes East Yorkshire, said: “Such strong growth among existing homeowners is really encouraging. It demonstrates that the scheme is not only for first-time buyers, but is now increasingly enabling families to take the step up the ladder.”