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High earners are winners in Help to Buy scheme

Thousands of households who earn more than £100,000 a year are using the government’s Help to Buy scheme to purchase a house, leading to calls for the programme to be reformed.

Since the scheme was introduced in March 2013, figures show that 6,717 households with an income of more than £100,000 have used it.

This accounts for 4% of the 169,102 properties that have been sold under Help to Buy, which was intended to get more people on the housing ladder.

Click here for the full Times article (£)

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