“Overall, 1,758 help to buy loans were handed out to individuals or couples who take home more than £100,000 a year – despite them being in the top 10 per cent richest households in the country.
In addition, almost 500 of the couples earning over £100,000 who were given government help already owned a property.
Government officials insisted today that the scheme was working well – pointing to figures showing almost half the loans to first time buyers went to those earning £40,000 or less.
However, this masks the fact that more than 30,000 loans were handed to households earning more than £40,000 a year – which puts them in the richest 30 per cent of earners in the country.”
nothing like help for the well off as we have a government that only like the top 30%.
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