31% of Help to Buy users didn’t need it, says watchdog

A third of home buyers who used the Help to Buy scheme last year could have purchased a property without the initiative, research by a government spending watchdog has revealed. According to the National Audit Office (NAO), 31% of the 211,000 buyers who used the equity loan scheme by December 2018 could

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A third of home buyers who used the Help to Buy scheme last year could have purchased a property without the initiative, research by a government spending watchdog has revealed. Article by [author-name] (c) Business News – Markets reports and financial news from Sky – Read full story here.

The research also found that 37% of households would not have been able to purchase a property without Help to Buy, but that the scheme had also benefited large developers. Advertisement

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31% of Help to Buy users didn’t need it, says watchdog. thursday 13th june 2019 10:30 BST. Tweet. Share. The full article is no longer available. Now On Air Coast Overnight . Back-to-back music and information right through the night. Listen on our free app.

What the New Tax Bill Means for You The new deduction of $750,000 is a combined limit. This means interest payments on up to $750,000 of new acquisition debt are deductible and is applicable to a principal dwelling and one other residence such as a vacation or second home. Interest deductions on rental properties remain

But the Labour party presided over this entire process, I say. There are things it could have done that it didn’t, and things it did that made it so much worse. The labour party encouraged buy..

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“You laugh it off for a while,” Stanton says. “Then you start thinking, Are you part of that mess? Are you the face of what every-one is laughing about? It didn’t sit well with me. lost their.

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