Strategic advice & funding for housing, care & support providers

Contact us now to discuss your requirements

    According to the government, the Help to Buy Scheme which was introduced to boost the housing market has helped to buy over 100,000 homes across England.

    Official figures from the Department for Communities and Local Government found the following:

    • Help to Buy loans were used to purchase 76,559 homes outside of London between April 2013 and April 2016 – 30% of the 255,960 privately built new properties completed in that period
    • There were 4,483 completions using equity loans, in London. This is equivalent to 11% of the 41,480 privately built homes over the same time
    • Less than 1 in every 500 London homes has a Help to Buy loan, compared with one in every 200 elsewhere in England
    • Since February, the government has increased the upper limit for new home-buyers in London from 20% to 40% of the property’s value which meant an increase in the uptake of loans in Greater London

    The BBC reports what a DCLG spokeswoman said:

    “Help to Buy: Equity Loan has helped more than 100,000 households gets on the property ladder since it was launched in 2013.

    “It is one of a number of housing schemes provided by the government, so people have a choice of what is right for them.

    “There was little evidence the scheme was increasing house price.”

    What do you think?

    Please tweet comments @suppsolutions

    February 15, 2017 by Abimbola Duro-David Categories: Housing And Benefits

    Latest Briefing

    Introduction The National Statement of Expectations for Supported Housing (NSE) was finally published on 20 October 2020, five years after the 2015 Comprehensive Spending Review suggested regulatory and oversight changes were needed, although in 2018 the government >>>

     

    Customer endorsement

    Responding to the DWP Consultation:  Housing Benefit Reform - Supported Housing

    "I thought this briefing was very good and very useful.  The presentation was clear, well argued and I always find Michael gives me food for thought even if I don't agree with everything he says.  I really like the way he facilitates a discussion in the room and I learn as much from other participants as I do from the presenter which is always good. Right length, right tone."

    R.P. - Richmond Fellowship

    Quick Contact