MHCLG Says Publishing Help To Buy Forecasts ‘Not Appropriate’

MHCLG says it is “not appropriate” to set out annualised net forecast expenditure or costs relating to Help To Buy because they are not reflective of the actual cost and return to government. This stance was upheld by Housing Minister Christopher Pincher in response to a written Commons question from Clive Betts (Lab – Sheffield South-East). In September, the Commons Public Accounts Committee (PAC) published a report saying Help To Buy will have tied up some £29bn in cash terms by the time it concludes in 2023 – but the value of what it has achieved is uncertain when many of those helped could have bought anyway. Read more on 24housing.

https://www.24housing.co.uk/news/mhclg-says-publishing-help-to-buy-forecasts-not-appropriate/