Help-to-buy scheme delivered ‘very high value for money,’ review finds

Exclusive: George Osborne's programme to reduce costs for first-time buyers delivered 25bn in social value in UK last year

George Osborne's scheme to reduce costs for first-time buyers represented very high value for money", according to a government review, bolstering the case of senior government figures who have been arguing to resurrect the idea.

An official audit of the help-to-buy programme has calculated it provided 25bn of social value to the UK in the last financial year, despite criticisms it was overly expensive and only served to inflate house prices.