Government may struggle to wind down Help to Buy, says NAO

By Jordan Marshall2019-06-13T05:00:00

Report adds recouping all £11.7bn in loans not guaranteed

The government is facing an uphill battle to wind down Help to Buy while minimising negative effects on the housing market, a National Audit Office investigation has found.

In a progress review of Help to Buy, the watchdog found the scheme had increased home ownership and housing supply, particularly for first-time buyers, but said a proportion of participants could have afforded to buy a home without the government’s help.

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