Help to Buy: good for supply?

As the equity loan part of Help to Buy reaches its first birthday, and celebrates with a £6 billion extension, it’s worth reflecting on whether this flagship policy has been a success.

The equity loan has received substantially less criticism than its mortgage guarantee successor – not least from Shelter – because it is linked to housing supply by being only available on new-build homes. What ‘success’ means for Help to Buy 1, then, is both how many people it’s … Read more