130 Burnley homeowners get helping hand

HOME HELP:  Burnley residents have been given a helping hand onto the property ladder.
HOME HELP: Burnley residents have been given a helping hand onto the property ladder.

One hundred and thirty new homeowners have been created in Burnley thanks to the Government’s Help To Buy Scheme.

That figure puts Burnley as the third highest borough in the county, behind Chorley and South Ribble.

At the other end of the table is Pendle with just 30 people getting a helping hand onto the property ladder.

The Ribble Valley fared slightly better with 56 new homeowners being supported.

The countywide total stands at 1,544.

Housing Minister Brandon Lewis said: “The figures clearly demonstrate the continuing success of the Help to Buy scheme in supporting creditworthy, hardworking people who want to buy a home of their own.

“Over 54,000 new homeowners have now used the schemes as a valuable alternative to the Bank of Mum and Dad, enabling them to buy with a fraction of the deposit they would normally require.

“But it’s also got Britain building and since the scheme’s launch private house building projects have increased by a third.”