Help To Buy has increased home ownership and housing
supply, but many of those using the scheme would have been able to buy a home
anyway, according to a report by the National Audit Office (NAO) which has
questioned the scheme’s overall value for money. According to MHCLG’s own
independent research, 37% of households would not have been able to buy any
property without the scheme. The research also found around 60% of buyers could
have bought a property without of Help To Buy. It also highlighted that 65,000
households could have purchased a property they wanted without the scheme.
Overall take-up of the scheme is said to have been low in less affordable areas
where the ratio of house prices to average earnings is higher. Read more on
24housing.
Forced home moves cost renters over half a billion pounds a year
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There were 83,000 unwanted moves in England over the past 12 months,
meaning 40% have been forced to relocate
Unwanted home moves cost renters over half ...
5 hours ago
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