Could housebuilders be in for a shock if stimulus is withdrawn? Annabelle Williams reports.
With a general election less than 18 months away, the pressure on UK politicians to improve the economy is on. In particular, the government’s aims to stimulate the housing sector have not gone unnoticed. The government’s Help to Buy scheme kicked off in October 2013, and has a £33.2bn budget to provide equity loans for people with small deposits of as little as 5%, and also guarantees mortgages. The scheme has been hugely popular and most high street banks are on board, providing Help to Buy mortgages. Help to Buy joins two other government schemes – NewBuy and FirstBuy – that enc...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
