Is Help to Buy a false economy?

Michelle McGagh
Couple at Estate agent window
Couple at Estate agent window

The second part of the government's Help to Buy scheme for would-be homeowners was announced last week but will it turn out to be more of a hindrance than a help?

In January first-time buyers will have access to the government's mortgage guarantee that will see it back high loan-to-value home loans taken out by people who meet its strict stress-testing criteria.