David Cameron writes on the Help to Buy Scheme
David Cameron writes:
"This week I met up with Kayleigh and Chris – a couple from Northamptonshire who are about to buy their first home. And they’re able to do it with help from this Government.
Kayleigh and Chris both have good jobs and great prospects. But still they couldn’t afford the deposit for a house. Stories like this are all too common in our country at the moment. People are finding it impossible to get on the housing ladder – for far too many, the dream of home ownership is being denied.
So this week we launched the Help to Buy mortgage guarantee. If you’ve got 5 per cent of a house deposit, the Government’s guarantee will help you get a mortgage to cover the rest. That's what we're doing for Kayleigh and Chris - and that's what we're doing for hardworking people across the country.
Kayleigh and Chris both have good jobs and great prospects. But still they couldn’t afford the deposit for a house. Stories like this are all too common in our country at the moment. People are finding it impossible to get on the housing ladder – for far too many, the dream of home ownership is being denied.
So this week we launched the Help to Buy mortgage guarantee. If you’ve got 5 per cent of a house deposit, the Government’s guarantee will help you get a mortgage to cover the rest. That's what we're doing for Kayleigh and Chris - and that's what we're doing for hardworking people across the country.
Our country is turning a corner. But the struggle of the past few years will only be worth it if we finish the job we’ve started. Nowhere is that more true than home ownership, something that is all about aspiration and wanting to get on in life. I’m really proud that we’re getting this done.
Yours,
David Cameron
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