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Will Britain ever wean itself off 'housing heroin'? MYRA BUTTERWORTH suggests a solution

Rising house prices and a lack of savings for a deposit mean many buyers have been relying on an external injection of cash from the taxpayer to purchase a home - something that some see as the equivalent of the property market being hooked on heroin.

This is because these injections of cash from the Government, via schemes such as Help to Buy, could be seen to be artificially stimulating the market and pushing house prices even further out of reach of many buyers.

With the popularity of the Help to Buy scheme continuing (more than 90,000 homes have been bought using the scheme since it launched in 2013), will Britain ever be able to wean itself off it or is it set to become a permanent fixture of the housing market?


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