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Introduction Thank you for inviting me here today. Last week we set out our plans: for an economy set to grow faster than any other major advanced country in the world;  for a labour market delivering the highest employment in our history;  And for businesses that are creating jobs, and building the infrastructure this country needs.  I don’t need to tell you that the British economy has grown much stronger over the past 6 years. The extra homes you are building reflect that progress. And your companies’ reports confirm it. Economies don’t thrive by accident. This government confronted our country’s problems. We made the right judgements and took the difficult decisions. We had a long term vision, and pursued a long term plan. Today the deficit is down by two thirds, and is continuing to fall. And our economy is stronger and more resilient. Progress on housing We used the strong economic foundation we established after 2010 to improve the housing m...

Key points:  Since the launch of the Help to Buy: mortgage guarantee, 73,726 mortgages have been completed with the support of the scheme.  Of these, 79% were purchases by first time buyers.  The total value of mortgages supported by the scheme is £10.9 billion.  Compared to total mortgage completions in each region, the scheme is supporting a higher proportion of mortgages in the North West and Scotland, and a lower proportion in London.  The mean value of a property purchased or remortgaged through the scheme was £155,897, compared to a national average house price of £288,000 Further Reading  number of high street estate agents going bust up 16% , online estate agents market share up dictated by consumer not industry  NHBC NEW HOME STATISTICS ANNUAL REVIEW 2015,English Housing, Papworth Disability Trust ,Joseph Rowntree & Bungalows ! why Frank Whittle and the Saville row tailor have more in common with Warren Buffet FT first 'Rightmove mai...