The average amount paid out to first-time homebuyers in the United Kingdom through the UK government's Help to Buy scheme between December 2015 and June 2023 varied by region. London saw the highest average pay out of bonuses at 1,409 British pounds, while North East had the lowest pay out of bonuses with an average of 1,169 British pounds.
Average amount paid out in Help to Buy ISA bonuses in the United Kingdom (UK) from December 2015 to June 2023, by region
(in GBP)
The source added the following information "The Help to Buy: ISA scheme was launched on 1 December 2015 with accounts available through banks, building societies and credit unions. The scheme enables people saving for their first home to receive a 25% boost to their savings from the Government when they buy a property of £250,000 or less (with a higher price limit of £450,000 in London). This means that for every £200 saved, first-time buyers can receive a government bonus of £50. The maximum government bonus is £3,000."
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HM Treasury. (November 29, 2023). Average amount paid out in Help to Buy ISA bonuses in the United Kingdom (UK) from December 2015 to June 2023, by region (in GBP) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/756675/help-to-buy-average-bonus-paid-united-kingdom-uk-by-region/
HM Treasury. "Average amount paid out in Help to Buy ISA bonuses in the United Kingdom (UK) from December 2015 to June 2023, by region (in GBP)." Chart. November 29, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/756675/help-to-buy-average-bonus-paid-united-kingdom-uk-by-region/
HM Treasury. (2023). Average amount paid out in Help to Buy ISA bonuses in the United Kingdom (UK) from December 2015 to June 2023, by region (in GBP). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/756675/help-to-buy-average-bonus-paid-united-kingdom-uk-by-region/
HM Treasury. "Average Amount Paid out in Help to Buy Isa Bonuses in The United Kingdom (Uk) from December 2015 to June 2023, by Region (in Gbp)." Statista, Statista Inc., 29 Nov 2023, https://www.statista.com/statistics/756675/help-to-buy-average-bonus-paid-united-kingdom-uk-by-region/
HM Treasury, Average amount paid out in Help to Buy ISA bonuses in the United Kingdom (UK) from December 2015 to June 2023, by region (in GBP) Statista, https://www.statista.com/statistics/756675/help-to-buy-average-bonus-paid-united-kingdom-uk-by-region/ (last visited November 21, 2024)
Average amount paid out in Help to Buy ISA bonuses in the United Kingdom (UK) from December 2015 to June 2023, by region (in GBP) [Graph], HM Treasury, November 29, 2023. [Online]. Available: https://www.statista.com/statistics/756675/help-to-buy-average-bonus-paid-united-kingdom-uk-by-region/
