Research and analysis

Low-cost home ownership schemes

Research looking at government low-cost home ownership schemes and their effect on social mobility.

• From: Social Mobility Commission
• Published: 3 July 2017

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Details

The research finds:

• many low-cost home ownership schemes are more likely to benefit better-off buyers
• many schemes are of out of reach to most families on average earnings
• the average income of people benefiting from schemes such as Help to Buy was £41,323, similar to other first time buyers whose average income was £47,528
• the report recommends new action to help more low-income buyers get on to the housing ladder

Published 3 July 2017