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.
John Judge obituary
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As chief quantity surveyor at Manchester city council, my father, John
Judge, who has died aged 91, was part of a team that led the city’s
housebuilding ...
16 hours ago
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