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The Guardian - UK
The Guardian - UK
Business
Heather Stewart

Higher-income households benefited most from Help to Buy, thinktank finds

A row of waterfront houses
By 2014-15, the schemes supported about a fifth of first-time buyer purchases. Photograph: VictorHuang/Getty Images

Higher-income households were the biggest beneficiaries of George Osborne’s Help to Buy mortgage schemes, introduced in the 2010s, according to an analysis by the Institute for Fiscal Studies (IFS) thinktank.

Launched by the Conservative-Lib Dem coalition government in 2013, Help to Buy involved two separate schemes aimed at making home ownership more achievable in a period of rapid house price growth.

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