Indeed the Public Accounts Committee recent report found "Around three-fifths of buyers who took part in the scheme did not need its support to buy a property" See also their progress review pages.
NAO has considered whether it pushes up house prices.
for further facts see official UK government statistics.
Which? comment
it is also worth consulting this data on average earnings to house prices ratio to get insight into potential problems.
some commentators believe it has increased home ownership amongst the young. But also significant is the Bank of mum and dad
Lucian Cook, residential research director at estate agent Savills, said purchases made with Help to Buy
came to about 48,000 in 2018, of which 39,000 were first-time buyers.
The English Home Survey has time series data on home ownership and renting
The English Home Survey has time series data on home ownership and renting
No comments:
Post a Comment