https://www.theguardian.com/money/2023/jul/05/help-to-buy-has-trapped-me-in-an-unsellable-cladded-flat Help to Buy is an unregulated financial product with zero oversight , and close to no recourse. Homes England have recently changed the administrator of the loan WITHOUT INFORMING BORROWERS. #housing #housingcrisis #helptobuy #BuildingSafetyCrisis
#housing #housingcrisis #helptobuy #BuildingSafetyCrisis
#GeorgeOsborne's #HelptoBuy scheme (now wound down) has not been the success he claims.
as Phillip Inman concludes, its 'real legacy has been to massively inflate the market, swell housebuilders’ profits & leave many buyers in negative equity' as well as underpaying the building of a lot of shoddy #housing.
Who really benefitted? Surprise, surprise, the major construction firms; not the people who Osborne claims did well out if the scheme.
More #tory bullish*t
https://www.theguardian.com/society/2023/mar/31/10-years-on-what-did-george-osbornes-help-to-buy-scheme-really-achieve
#georgeosborne #helptobuy #housing #tory