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<p>Government-backed schemes have supported over half a million households into home
ownership since 2010. The Help to Buy: Equity Loan has helped nearly 184,000 households
purchase a new-build home from its launch in 2013 until June 2018 and 81 per cent
of sales were to first time buyers. The recent Evaluation of Help to Buy: Equity Loan
from 2015 to 2017 found that 63 percent of first-time buyers were under 35 years old.
Our reforms to Stamp Duty, introduced at Budget 2017, have already benefited 180,500
people who pay the tax.</p><p>But we understand there is more to do. The revised the
National Planning Policy Framework places an expectation on local authorities that
on major sites, 10 per cent of affordable housing provision should be dedicated to
home ownership products, such as shared ownership, rent to buy or starter homes.</p>
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