While supportive of the scheme's goals, Boulger has proposed specific changes to improve its fairness and efficiency:
: Boulger argued that the coalition government used Help to Buy as a response to the impact of Basel II regulations on mortgage lending. Proposals for Reform ray boulger help to buy
: He has encouraged lenders to use the clarity provided by regulatory changes to relax criteria in areas like interest-only mortgages and affordability assessments. Current Status of Help to Buy While supportive of the scheme's goals, Boulger has
It is important to note that the primary scheme in England is no longer open: Boulger has frequently commented on how Help to
: In 2018, he suggested the government should reduce the second charge (equity loan) from 20% to 10% outside London, and from 40% to approximately 25% within London, citing improved availability of high LTV mortgages.
Boulger has frequently commented on how Help to Buy acted as a critical catalyst for the UK housing market:
: He estimated that at one point, Help to Buy was directly linked to 40% of all home sales and nearly 70% on some building sites , making the scheme "massively important" for new-build development.