It is important to note that the primary scheme in England is no longer open:
: He estimated that at one point, Help to Buy was directly linked to 40% of all home sales and nearly 70% on some building sites , making the scheme "massively important" for new-build development.
While supportive of the scheme's goals, Boulger has proposed specific changes to improve its fairness and efficiency: ray boulger help to buy
: Boulger argued that the coalition government used Help to Buy as a response to the impact of Basel II regulations on mortgage lending. Proposals for Reform
: He has encouraged lenders to use the clarity provided by regulatory changes to relax criteria in areas like interest-only mortgages and affordability assessments. Current Status of Help to Buy It is important to note that the primary
: While closed in England, equity loans may still be available in Wales under different terms. David Ulldemolins – Written evidence (EHM0086)
Boulger has frequently commented on how Help to Buy acted as a critical catalyst for the UK housing market: Current Status of Help to Buy : While
: The scheme closed to new applications on October 31, 2022 , and officially ended on March 31, 2023 .