ZEDPods_Parking New Homes from ZEDfactory on Vimeo.

Section: Home Ownership

Government housing schemes have little impact on social mobility

Posted 03.07.17
GOV UK: Article link

Flagship government schemes to help more people get on the UK housing ladder have little impact on improving social mobility as better-off buyers are most likely to benefit from the support.

A new report published by the Social Mobility Commission into the impact of low-cost home ownership schemes found that those who benefit from schemes - such as Help to Buy - earn more than one and a half times the national working age median income.

Around 3 in 5 first-time buyers said that they would have bought anyway and that the scheme merely enabled them to buy a better property, or one in a better area, than they were originally looking for.

Promoting ownership for first-time buyers is a current Government priority.

Housing Monthly Diary KeyFacts


KeyFacts provides the easiest way to keep up-to-date with issues affecting the UK affordable housing sectors


Articles are in summary format, with links for further reading if required


They are also posted to recognisable sub-sections for easy access - now and at a future date


KeyFacts is an essential free resource for anyone with a busy daily schedule



Enter your email address to receive our e-newsletters advising on updates to KeyFacts

We will not share your email address with others or use it for any other purpose

Reporting on July 2017

Site Sections

Bookmark and Share

Current Issue