George Kerevan – 2015 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by George Kerevan on 2015-10-21.

To ask Mr Chancellor of the Exchequer, what his most recent assessment is of the effect of the Help to Buy scheme on house prices.

Harriett Baldwin

The Financial Policy Committee (FPC) assess the impact of the Help to Buy: mortgage guarantee scheme on an annual basis. The most recent review was carried out by the FPC in September 2015. The FPC’s view was that the scheme has not been a material driver of house price growth.