: He has encouraged lenders to use the clarity provided by regulatory changes to relax criteria in areas like interest-only mortgages and affordability assessments. Current Status of Help to Buy
Ray Boulger, a senior technical manager at mortgage broker , has been a prominent commentator on the UK's Help to Buy (HTB) schemes since their inception. His analysis generally highlights the scheme's role in stimulating the mortgage market, though he has also suggested structural improvements to make it more equitable. Analysis of Help to Buy Impact ray boulger help to buy
Boulger has frequently commented on how Help to Buy acted as a critical catalyst for the UK housing market: : He has encouraged lenders to use the
: The scheme closed to new applications on October 31, 2022 , and officially ended on March 31, 2023 . Analysis of Help to Buy Impact Boulger has
: While closed in England, equity loans may still be available in Wales under different terms. David Ulldemolins – Written evidence (EHM0086)
: He estimated that at one point, Help to Buy was directly linked to 40% of all home sales and nearly 70% on some building sites , making the scheme "massively important" for new-build development.
: In 2018, he suggested the government should reduce the second charge (equity loan) from 20% to 10% outside London, and from 40% to approximately 25% within London, citing improved availability of high LTV mortgages.