Help To Buy May Be Ditched By Government

The government’s Help to Buy scheme could be ditched amid fears it is pushing up house prices and helping wealthy people upgrade their homes. Ministers are reportedly planning a “fundamental review” of the policy. It may be replaced by a scheme “more targeted on those it is meant to be helping”. It comes after research showed one in five households taking advantage of Help to Buy used the scheme to upgrade their existing home, rather than use the money to buy a first property.  Read more on the Independent website.

https://www.independent.co.uk/news/uk/politics/help-to-buy-housing-scheme-wealthy-household-government-cut-conservative-a8519516.html