Swire retweeted this:
“Gavin Barwell MP @GavinBarwellMP
New figures released today show since 2010 government schemes have helped 330,000 people buy a new home #OwnYourHome”
NO! NO! NO! It has not helped 330,000 people to buy new homes!
When you follow the link it says: 185,000 people have bought new houses BUT, when you read further, actually it only talks about 91,000 of those homes having used various government schemes.
The press release says ”
The government is committed to helping people achieve their aspiration of home ownership, through the range of Help to Buy schemes, including: ISA, Shared Ownership, Equity Loan, London Help to Buy and Mortgage Guarantee.”
Remember that some of these schemes allow wealthy people to buy homes worth up to £650,000 for their children with huge discounts, that the ISA was revealed to only be helpful AFTER you had bought a home AND paid a deposit when people thought they were signing up for help WITH deposits, and equity loans grab a share of your home as does shared ownership.
Nowhere does Mr Barwell, or Mr Swire, explain where the figure of 330,000 comes from – except to say that it is “since 2010” when ?some ?all, ?most of these schemes did not exist!
Donald Trump, eat your heart out – post-truth politics flourishes here in the UK!