The Help to Buy equity loan scheme has undoubtedly played a role in boosting mortgage approvals and the supply of new homes. Yet it is easy to overstate its importance and to understate the role of improving economic fundamentals. Contrary to the received wisdom, our analysis suggests that allowing the scheme to end in 2021, as planned, would not trigger a slump in transactions or starts.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.