Property Matters 

Help to Buy review might be playing with fire

Jonas Crosland

Help to Buy review might be playing with fire

The Department for Communities and Local Government (DCLG) has caused a bit of a stir by instructing the London School of Economics to conduct an independent valuation of the Help to Buy scheme. These are carried out from time to time; the last one was in 2015. But given the approaching closure date in 2021 of the current scheme and the absence of any mention of it in the government’s 2017 election manifesto, imagination took over from reality as claims surfaced that the scheme would be shut. This prompted a rapid response from the DCLG, which said that to infer the scheme would be cancelled is simply incorrect.

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