Help To Buy – Is it just an excuse to inflate house prices?

August 29, 2018

There are snippets of good news for those hunting for their first home, those trying to get on to the property ladder, people after a home and not so much an investment. Prices of property are starting to fall in many places in England and especially in and around London, adjusting to the climate, slowing down what was for many years now a constant upwards trend. Many home owners will not feel the pinch at all in that they have probably seen around a double in value of their property during the recent decade or so… Some of course will not even look at house prices as where they live is in fact their home too (though many people have remortgaged and released equity and will be keeping an eye on the value of their homes of course).

Help to buy sounds great doesn’t it? A system that can help those that need it most to get on to the housing ladder. Is it though open to abuse and is it just a way for those who already have the money to make even more of it?

An article in the Daily Mail online states what many people are thinking, the system is being taken advantage of ‘Help To Buy new-build homes were being priced 15 per cent higher‘.

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website. As an Amazon Associate, I earn from qualifying purchases.

You May Also Enjoy

Estate Agent Talk

Fast track to London: The Essex villages offering country living and commuter convenience

For London buyers looking to exchange city life for more space, greenery and a stronger sense of community, Essex offers an appealing combination of countryside living and convenient connections into the capital. The rise of hybrid working has changed what buyers expect from a commuter location, and rather than simply searching for the shortest possible…
Read More →
Breaking News

‘Spider season’ hits UK bedrooms

‘Spider season’ hits UK bedrooms – expert shares FIVE expert tips on keeping eight-legged visitors at bay As autumn sets in, millions of UK households are bracing themselves for ‘spider season’, the surge of male spiders entering homes in September and October in search for a mate. One of the most common places that spiders…
Read More →
Estate Agent Talk

Good-view homes command 81% premium

The latest research from UK Property Development (UKPD) reveals that new-build homes that boast a good view command an average price premium of 81.4% compared to overall new-build prices, with the premium in London approaching 110%. UKPD has analysed the estimated average asking price of new-build homes in England marketed as offering a ‘good view’,…
Read More →
Christmas Decorations - Good or Bad for Selling
Breaking News

Want to Be in Your New Home by Christmas?

Moving house can be a complex and stressful process, with delays at various stages potentially putting completion dates at risk. Government data shows that the average home purchase takes around 120 days to complete, while around one in three property sales fall through, costing sellers an estimated £400 million each year. With Christmas now just…
Read More →
what is happening to house prices
Estate Agent Talk

Help Buyers to get Britain Building

Tim Foreman, Managing Director of Land and New Homes, LRG, comments: It is clear that Labour cannot meet its housing ambitions just through planning reform. It is imperative that Andy Burnham uses time at the upcoming Labour Party Conference to back a targeted successor to Help to Buy – one that restores demand without repeating…
Read More →
Letting Agent Talk

Landlords say managing rentals has become harder

Three-quarters of portfolio landlords say managing rentals has become harder   The latest research from residential property management specialist, Rushbrook, has found that almost three-quarters of portfolio landlords say managing their rental portfolio has become harder in recent years, with the changing legislative landscape now prompting many to reconsider whether they need professional help with…
Read More →