Why the government's 'Help to Buy' scheme might not be a good idea - Jonathan Lea Network

Why the government’s ‘Help to Buy’ scheme might not be a good idea

The UK government’s announcement earlier today that they will bring forward their ‘help to buy’ scheme has prompted a new wave of criticism from the commentariat on both sides of the political fence. My view is that such inflation of the property market by taxpayer funded government guarantees is just designed to really help politicians, bankers, house builders and estate agents (in that order) while the rest of the population suffers from even more unaffordable property, sucking the life out of the real economy as people get further enslaved by debt.

Here are a selection of some of the tweets today that caught my attention:

About Jonathan Lea

Jonathan is a specialist business law solicitor who has been practising for over 18 years, starting at the top international City firms before then spending some time at a couple of smaller practices. In 2013 he started working on a self-employed basis as a consultant solicitor, while in 2019 The Jonathan Lea Network became a SRA regulated law firm itself after Jonathan got tired of spending all day referring clients and work to other law firms.

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