Bonuses and property completions by age group 2022

The number of bonuses paid out compared to the number of total property completions by age group in the United Kingdom (UK) in the 'help to buy' scheme between December 2015 and June 2022 varied by age group. Those aged between 25 and 34 years old used the help to buy scheme and received bonuses as well as making property completions far more than any other age group; 25 to 34 year old's received over 438,690 bonuses and made approximately 335,523 property completions.

Number of help to buy bonuses and property completions in the United Kingdom (UK) as of June 2022, by age group

Characteristic	Bonuses	Total property completions
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Release date

July 2022

More information

Region

United Kingdom

Survey time period

March 2016 to June 2022

Supplementary notes

The source added the following information "The Help to Buy: ISA scheme was launched on 1 December 2015 with accounts available through banks, building societies and credit unions. The scheme enables people saving for their first home to receive a 25% boost to their savings from the Government when they buy a property of £250,000 or less (with a higher price limit of £450,000 in London). This means that for every £200 saved, first-time buyers can receive a government bonus of £50. The maximum government bonus is £3,000."

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