%VIRTUAL-SkimlinksPromo%The Government has failed to demonstrate whether its £3.7 billion Help To Buy equity loan mortgage scheme is giving value for money, the spending watchdog has warned.
The scheme was launched in England last April with the aim of offering credit-worthy buyers with a deposit of at least 5% a helping hand onto the property ladder as well as increasing the housing supply by being targeted at new-build properties only.
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