theguardian.com/money/2023/jul 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

Last updated 1 year ago

Emeritus Prof Christopher May · @ChrisMayLA6
1701 followers · 3917 posts · Server zirk.us

's 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 .

Who really benefitted? Surprise, surprise, the major construction firms; not the people who Osborne claims did well out if the scheme.

More bullish*t
theguardian.com/society/2023/m

#georgeosborne #helptobuy #housing #tory

Last updated 1 year ago