The Help to Buy equity loan scheme has netted the Government £1.74 billion, new data shows – though falling flat prices are likely to stunt returns in the future.
As of March this year, it has made a £1.24billion profit on loan repayments from the 214,000 people that have repaid their loans, thanks to house price increases.
It has also made £500million in interest payments on the loans, according to the annual report of Homes England, which manages repayments.
The Help to Buy equity loan scheme was introduced in 2013 to help people get on the property ladder and closed to new applications in
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