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 ***** British pounds, while North East had the lowest pay out of bonuses with an average of ***** British pounds.

The monthly value paid in ISA bonuses for the help to buy scheme generally grew with significant fluctuation between ********** and *********. In *********, the overall amount paid out was ** million British pounds, down from **** million British pounds in *********.

The monthly number of bonuses paid out in the help to buy scheme has declined since 2021. In *********, the number of ISA bonuses paid out reached *****, while the number of properties in the scheme amounted to *****. In *********, these figures amounted to ***** and ***** respectively - the highest number of bonuses and properties recorded since 2016.

The number of bonuses paid out to first time home buyers in the United Kingdom (UK) through the UK government's 'Help to Buy' scheme between December 2015 and June 2023 varied by region. The North West of England saw the highest number of bonuses paid out in the United Kingdom (UK) with over ******* since the scheme began. This is in vast contrast to Northern Ireland which saw approximately ****** Help to Buy bonuses paid out.

England had the highest percentage of bonuses paid out to first time home buyers in the United Kingdom through the UK government's Help to Buy ISA scheme between December 2015 and June 2023. A total of 73 percent of all bonus payouts to first time home buyers were to England, while only three percent went to Northern Ireland.

The number of bonuses paid out and the number of total property completions in the United Kingdom (UK) as a part of the government's Help to Buy: ISA scheme between December 2015 and June 2023 varied between property value ranges. House property values between ******* and ******* British pounds saw the highest number of both ISA bonuses paid out and property completions, at ******* and *******. The number of bonuses and property completions falls significantly as the property values exceed ******* British pounds.

In 2024, the average age of recent first-time buyers in London was slightly higher than the England average. Across the UK, first-time buyers accounted for approximately ******* home sales. First-time buyer prices and mortgages In London, the average value of a mortgage for first-time buyers was far higher than all other regions in the UK. Apart from the initial cost of a down payment, those that can afford to, see monthly payment savings against those renting. In certain parts of the country, annual savings of buying against renting saw first time buyers amounted to over ************ British pounds. Help to buy To encourage first-time buyers, the UK government started the "Help to buy" scheme. The scheme sees people saving for a first-time home receive a ***********bonus to their savings when purchasing a house valued at ******* British pounds (******* British pounds in London). Between December 2015 and March 2018, the North West of England saw the highest number of Help to buy ISA bonuses paid.