The value of the government’s Help to Buy scheme is “uncertain” after going eight times over budget, according to a damning assessment by cross-party MPs.
Around three fifths of those who bought a home through the Help to Buy scheme would have been able to buy a property without the government’s help, according to the National Audit Office.
The government is considering ending its Help to Buy equity loan scheme for new build leasehold properties as part of a crackdown on “unfair” practices.
The government has brought in some encouraging policies to tackle the rise in buy-to-let landlords and protect the interests of first-time buyers, but there is more to do
The European Commission has urged the government to reform council tax to remove ‘distortions’ caused by basing the system on property values that are more than two decades old.