One in four users of the Help to Buy scheme, which was
introduced five years ago to make it more affordable to get on to the property
ladder, already own a home. Existing
property owners accounted for 23.8pc of the Help to Buy mortgage completions
since the Government scheme was launched in April 2013. So far, £2.2bn has been
lent to people who already own a house – 19pc of the total £8.7bn lent. Read
more on the Daily Telegraph website.
The Land Trap by Mike Bird review – ground down
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A masterful introduction to the economics of our most basic asset
‘The landlord is a gentleman who does not earn his wealth … his sole
function, his chie...
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