While supportive of the scheme's goals, Boulger has proposed specific changes to improve its fairness and efficiency:
: While closed in England, equity loans may still be available in Wales under different terms. David Ulldemolins – Written evidence (EHM0086)
: 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. ray boulger help to buy
: The scheme closed to new applications on October 31, 2022 , and officially ended on March 31, 2023 .
Ray Boulger, a senior technical manager at mortgage broker , has been a prominent commentator on the UK's Help to Buy (HTB) schemes since their inception. His analysis generally highlights the scheme's role in stimulating the mortgage market, though he has also suggested structural improvements to make it more equitable. Analysis of Help to Buy Impact While supportive of the scheme's goals, Boulger has
: 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
: 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, a senior technical manager at mortgage
: 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.
