UK Help to Buy Scheme Primarily Benefited High Earners, Think Tank Finds
A report by the influential Institute for Fiscal Studies (IFS) indicates that the UK's Help to Buy housing scheme disproportionately benefited higher-income individuals. The analysis suggests that people with lower incomes gained less from the initiative and that it had little effect on social mobility.
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Help to Buy mostly helped high earners, IFS says
People with lower incomes benefitted less from the house-buying scheme than those with high incomes, the influential think tank says.
Read full article →UK’s Help to Buy housing scheme mainly benefited higher earners, says think tank
Report by IFS says policy did little to increase affordability for those on lower incomes
Read full article →Higher-income households benefited most from Help to Buy, thinktank finds
Analysis by IFS shows George Osborne’s mortgage schemes launched in 2013 had little effect on social mobility Higher-income households were the biggest beneficiaries of George Osborne’s Help to Buy mortgage schemes, introduced in the 2010s, according to an analysis by the Institute for Fiscal Studies (IFS) thinktank. Launched by the Conservative-Lib Dem coalition government in 2013, Help to Buy involved two separate schemes aimed at making home ownership more achievable in a period of rapid h...
By Heather Stewart
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