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First-Time Buyers Get Council Boost


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What housing? Private rented? Council housing?

new build properties are not included...

He seems to be going round in circles there to me. If they can't buy newbuilds then the owner of the house who is selling will need a new house, that isn't increasing the availability of housing at all it'll be exactly the same. If the people using this deposit scam are currently living with parents (as I suspect most of the cases will be) then the available number of houses will actually reduce (albeit the availability of rented housing won't change). The only way this could increase the supply is if they're currently renting and buy a previously empty house that wasn't being let.

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