Published Mar 20, 2019 5:18:00 PM by Paul Oberschneider
The Supply-Demand balance in Housing: The Need for an Option B?
Despite Nationwide’s latest House Price Index revealing a further “softening” in annual house price growth over the last month, the government’s Help-to-Buy scheme is nothing but booming.
According to the building society, there were around 48,000 Help-to-Buy (HTB) completions in England in the 12 months to March 2018, up 21% on the same period last year. The scheme accounted for approximately 8% of all house purchase mortgages in England over the period, with the vast majority of HTB loans made to first time buyers.