Help to Buy could spark 30% surge in house prices

Brennan, Henry
May 2013
Mortgage Strategy (Online Edition);5/7/20123, p4
Trade Publication
The article reports on the economic risks associated with the Help to Buy scheme of the British government. Specifically, the scheme may increase house prices by nearly 30 percent over the next three years. According to macroeconomic consultancy Fathom Consulting, the scheme offers incentives to lenders to issue mortgages to people who are not eligible for credit. To determine the possible impact of the scheme, two simulations have been conducted by the agency.


Related Articles

  • Funding scheme will unlock homes. sexton, richard // Mortgage Strategy;10/ 8/2012, p14 

    The article focuses on the British government's Funding for Lending Scheme (FLS), which appears to have some real support from mortgage lenders.

  • MPs warn Govt could face big Help to Buy losses. Dale, Samuel // Mortgage Strategy (Online Edition);4/22/2013, p8 

    The article reports that the British Treasury select committee (TSC) has expressed concern over the losses to be incurred by the government from its Help to Buy scheme. The TSC's Budget 2013 report highlighted the failure of the scheme to take account of the unintended consequences of the...

  • Tackle interest-only while rates are low. Baddeley-Chappell, Andrew // Mortgage Strategy (Online Edition);5/22/2013, p42 

    The article provides data and comments on the key indicators of the health of the British economy. Lenders have agreed to focus initially on contacting all customers with interest-only loans due to mature before the end of 2020. Despite the recovery of housing prices in some areas, many...

  • HBF urges Government to spark house building. Brennan, Henry // Mortgage Strategy (Online Edition);11/27/2012, p3 

    The article focuses on Home Builders Federation (HBF) as it urges the government to encourage house building in its Autumn Statement. According to HBF officials, lower mortgages are required for the NewBuy scheme of the Government in 2012-13 and 2013-14 along with access of builders to a wide...

  • FLS ticking along, but CML says wait and see. brennan, Henry // Mortgage Strategy;10/ 8/2012, p6 

    The article contends that the Funding for Lending scheme (FLS) launched by the British government in August 2012 is demonstrating encouraging signs, but it is still to early to comment about its full potential impact on the mortgage market. The Bank of England has published its quarterly credit...

  • CML: Mortgage lending has hit a 'plateau'. Thomas, Paul // Mortgage Strategy (Online Edition);10/20/2014, p5 

    The article reports that the growth in the lending sector in Great Britain might have stalled in 2014. Topics covered include the increase in the gross advances in lending by 10 per cent in September as well as the indicators of the trend such as the gentle easing in the conditions in the...

  • Has Govt thought about the long term? Young, Bob // Mortgage Strategy (Online Edition);5/22/2013, p46 

    The article focuses on the failure of the British government to address problems facing the mortgage market in terms of exit strategies and contingency plans. It cites the case of the Funding for Lending Scheme, which was extended to January 2015, questioning how will lenders refinance at the...

  • Govt looks to share MIG risk. Dale, Samuel // Mortgage Strategy (Online Edition);5/29/2013, p19 

    The article reports that the government of Great Britain is seeking ways to limit its exposure to house price declines via the Help to Buy mortgage indemnity guarantee scheme by sharing the risk with private insurers.

  • Hard to call. Montlake, Andrew // Money Marketing;11/14/2013, p33 

    The author comments on the difficulty of assessing the true effects of the Help to Buy scheme of the British government on home owners and house prices after just a month since its implementation and with the lack of other competition in the British broker market.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics