“Help-to-buy loans benefited more rich than poor households”

“… More than 5,500 households with an annual income of over £80,000 have been given help-to-buy loans in the past year compared with 4,142 households earning less than £30,000, the government’s own figures have revealed. Well over 2,000 of the richest households who were awarded taxpayer-funded loans, allowing them to buy new-build houses with only a small deposit, had incomes in excess of £100,000. …”

https://www.theguardian.com/society/2019/aug/31/help-to-buy-loans-benefited-more-rich-than-poor-households?CMP=Share_iOSApp_Other