Ray Boulger: Help To Buy

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

: He noted that "Help to Buy 2" (the mortgage guarantee scheme) stimulated lenders to offer 95% Loan-to-Value (LTV) mortgages.

: The scheme closed to new applications on October 31, 2022 , and officially ended on March 31, 2023 . ray boulger help to buy

: 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: Ray Boulger, a senior technical manager at mortgage

: 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

: 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 : The scheme closed to new applications on

It is important to note that the primary scheme in England is no longer open: