The End of
Help to Buy
This report explores the impact the end of the Help to Buy (HtB) scheme will have on the housing market, and analyses the other schemes available to first time buyers as a potential replacement.
What impact will this have on the housing market?
1
Over 355,000 homes have been bought in England with the government’s HtB home ownership scheme.
Scroll to
read more
Sustainability in UK real estate:
This report explores the impact the end of the Help to Buy (HtB) scheme will have on the housing market, and analyses the other schemes available to first time buyers as a potential replacement.
The End of Help to Buy
Scroll to read more
HtB has been a significant factor in boosting housing supply. The number of homes built annually has nearly doubled since HtB has been on the market. Housebuilders will need to be supported by the government to meet the 300,000 homes target, particularly in the wake of rising build costs.
5
HtB has enabled many buyers to ‘trade up’ to a larger home, but when the scheme ends developers will need to reconsider unit mixes as buyers will be restricted by tougher affordability constraints.
4
There will be 25,000 fewer annual new home sales when HtB ends which is unlikely to be fulfilled by alternative schemes.
3
Alternative schemes aren’t as financially attractive, with Shared Ownership, First Homes and 95% Loan-To-Value products unable to overcome the deposit and Loan-to-Income barriers that HtB accomplished.
2
Key takeaways:
