NAO says 60% of help-to-buy buyers did not need state support

Scheme has proven controversial as housebuilders’ profits have
dramatically increased

More than half of people using the government’s help-to-buy
loan scheme could have purchased a home without support from the
state, according to Whitehall’s spending watchdog.

In a critical report into the government’s flagship scheme to
help more people get on the property ladder, the National Audit
Office said about three-fifths of buyers could have bought a home
without the support.

Source: FS – All-News2-Economy
NAO says 60% of help-to-buy buyers did not need state support