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First-time buyer rate soars 15%

Figures show the number of first-time buyers soared 15% in April to 22,000 as buyers take advantage of lower rates and wider choice of mortgages, according to estate agency owner LSL Property Services.

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Figures show Help To Buy scheme off to a 'flying start'

The government's Help to Buy housing scheme is seeing 500 reservations for purchase every week, according to new figures from the Home Builders Federation.

The industry report also records that 4,000 homes have been reserved in two months under the scheme.

It comes at the same time as a separate report shows that the number of first-time buyers soared to 22,000 in the month of April, when the scheme was introduced.

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