View more on these topics

Analysis: H2B 2 has proved the media wrong

Paul Smee

Housing boom fears were a recurring narrative in the media during the lead-up to the Help to Buy mortgage guarantee launch. So it was interesting 18 months on, during the election – in which housing was a big issue – that we heard barely a mention of it. Most party manifestos declared they would be keeping it largely intact.

The distinct change in mood since its introduction has been significant, with media feelings towards Help to Buy verging on indifference these days. This is because there has been no housing boom, no crisis, and its take-up has been neither high enough to cause worries about market stability nor low enough to be deemed a failure. The mortgage guarantee has been used as intended by first-time buyers outside the South-east and London for homes below average market value.

The latest quarterly figures from the Treasury show further and continuing consistency, with 46,877 loans completed through the scheme since it began. Of these, 78 per cent were purchases by first-time buyers with a higher proportion of total mortgage completions in the North-west and east of England. 

This is good news as the scheme will not be around forever. 


FCA interior logo 620x430

FCA: Lenders too cautious on straying into advice

Mortgage lenders should be less cautious about breaching the line between information and advice, the FCA says. The regulator has today published its post-MMR thematic review into advice and distribution, which identifies a number of areas where intermediaries and lenders need to improve their practices. The review found some lenders had adopted a cautious approach […]


Nationwide: Housing market is still cooling

House prices dipped by 0.2 per cent in June and annual growth once again slowed as the housing market continues to cool. According to Nationwide, the average house price fell from £195,166 in May to £195,055 in June. While prices were up 3.3 per cent year-on-year, annual growth slowed for the second consecutive month from […]


Osborne to shake up housebuilding with planning reforms

Chancellor George Osborne will today unveil a raft of new measures designed to boost housebuilding by reforming the planning system. Under the new proposals, automatic planning permission would be granted on many brownfield sites in England, while major housing projects could be fast-tracked, and rules on extensions in London relaxed. The reforms would also see […]

Health - thumbnail

Fit for Work: guidance for employers published

On Friday, the Department for Work and Pensions published its guidance for employers on using the new Fit for Work (FfW) service to help ill employees return to the workplace. It also includes more details on the tax exemption for medical interventions that commenced on 1 January 2015.


News and expert analysis straight to your inbox

Sign up

Why register with Mortgage Strategy?

Mortgage Strategy continues to be the market-leading B2B mortgage publication in the UK, and provides trusted, independent insight with the aim of helping, promoting and analysing the latest developments for mortgage professionals.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Mortgage Strategy Events
Be the first to hear about our industry leading conferences, awards, webinars and more.

Research and insight
Take part in and see the results of Mortgage Strategy's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now