Cable Forum - View Single Post - Coaliton's NewBuy housing scheme is a 95 per cent failure, official figures reveal.

Mr Angry · 07-12-2014, 12:15

I'm sure they most probably don't, Hugh.

It's still an abject failure when compared against the stated target though (whether rounded down or not).

EDIT.

Err, I think you'll find it did mention the Help to Buy scheme.

"The Chancellor said NewBuy would rebalance the property market, by stimulating prices outside London and the South East, and contribute to economic growth.He later launched Help to Buy, in which the government underwrites mortgages for first-time buyers on properties up to £600,000. Both schemes have been criticised for fuelling an already buoyant property market in the South East."

07-12-2014, 12:15	#3
Mr Angry Inactive Join Date: Jan 2006 Location: Belfast Posts: 4,785	Re: Coaliton's NewBuy housing scheme is a 95 per cent failure, official figures revea I'm sure they most probably don't, Hugh. It's still an abject failure when compared against the stated target though (whether rounded down or not). EDIT. Err, I think you'll find it did mention the Help to Buy scheme. "The Chancellor said NewBuy would rebalance the property market, by stimulating prices outside London and the South East, and contribute to economic growth.He later launched Help to Buy, in which the government underwrites mortgages for first-time buyers on properties up to £600,000. Both schemes have been criticised for fuelling an already buoyant property market in the South East."