{"id":110369,"date":"2019-08-31T06:01:32","date_gmt":"2019-08-30T23:01:32","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/help-to-buy-loans-benefited-more-rich-than-poor-households\/"},"modified":"2019-08-31T06:08:05","modified_gmt":"2019-08-30T23:08:05","slug":"help-to-buy-loans-benefited-more-rich-than-poor-households","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/help-to-buy-loans-benefited-more-rich-than-poor-households\/","title":{"rendered":"Help-to-buy loans benefited more rich than poor households"},"content":{"rendered":"


\nWhitehall figures show over 5,500 households with annual income of \u00a380,000 got loansMore rich households than poor ones are benefiting from a \u00a325bn public subsidy that the former prime minister Theresa May claimed was \u201crestoring the dream of home ownership for a new generation\u201d.More than 5,500 households with an annual income of over \u00a380,000 have been given help-to-buy loans in the past year compared with 4,142 households earning less than \u00a330,000, the government\u2019s own figures have revealed. Well over 2,000 of the richest households who were awarded taxpayer-funded loans, allowing them to buy new-build houses with only a small deposit, had incomes in excess of \u00a3100,000. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Help-to-buy loans benefited more rich than poor households<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Whitehall figures show over 5,500 households with annual income of \u00a380,000 got loansMore rich households...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-110369","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-sI9","jetpack-related-posts":[{"id":171352,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/higher-income-households-benefited-most-from-help-to-buy-thinktank-finds\/","url_meta":{"origin":110369,"position":0},"title":"Higher-income households benefited most from Help to Buy, thinktank finds","date":"April 15, 2026","format":false,"excerpt":"\r Analysis by IFS shows George Osborne\u2019s mortgage schemes launched in 2013 had little effect on social mobilityHigher-income households were the biggest beneficiaries of George Osborne\u2019s Help to Buy mortgage schemes, introduced in the 2010s, according to an analysis by the Institute for Fiscal Studies (IFS) thinktank.Launched by the Conservative-Lib\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":43637,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-car-loans-driving-us-towards-the-next-financial-crash\/","url_meta":{"origin":110369,"position":1},"title":"Are car loans driving us towards the next financial crash?","date":"February 10, 2017","format":false,"excerpt":"\r Fears are being raised that a boom in personal contract plans is fuelling another colossal build-up of debt in UK and US A huge increase in the amounts borrowed by already-indebted households in Britain and the US to buy new vehicles is fuelling fears that \u201csub-prime cars\u201d could spark\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1593,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/car-loans-drive-surge-in-uk-consumer-borrowing\/","url_meta":{"origin":110369,"position":2},"title":"Car loans drive surge in UK consumer borrowing","date":"January 15, 2016","format":false,"excerpt":"\r Personal loans and credit card borrowing jumped in November, says Bank of EnglandA surge in loans for new cars was behind a big increase in lending to households, according to Bank of England figures, which may raise fresh fears that families are falling into the trap of debt-fuelled spending.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136556,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/about-700000-uk-households-missed-rent-or-mortgage-payment-last-month\/","url_meta":{"origin":110369,"position":3},"title":"About 700,000 UK households missed rent or mortgage payment last month","date":"May 9, 2023","format":false,"excerpt":"\r Which? figures show Britons struggling with loans, cards and bills as interest rates and inflation soarAn estimated 700,000 UK households missed or defaulted on a rent or mortgage payment last month, according to data issued days before another expected rise in the cost of borrowing.Missed housing payments were \u201cparticularly\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76804,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/quarter-of-uks-poorest-households-are-getting-deeper-in-debt-ifs-warns\/","url_meta":{"origin":110369,"position":4},"title":"Quarter of UK's poorest households are getting deeper in debt, IFS warns","date":"January 16, 2018","format":false,"excerpt":"\r Poorest households are spending 25% of monthly income servicing debts as UK borrowing rocketsOne in four of Britain\u2019s poorest households are falling behind with debt payments or spending more than a quarter of their monthly income on repayments, according to a study.The latest evidence of mounting debt problems for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122313,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-late-payment-charges-suspended-further-until-31-december\/","url_meta":{"origin":110369,"position":5},"title":"HDB late payment charges suspended further until 31 December","date":"October 1, 2021","format":false,"excerpt":"\r HDB late payment charges suspended further until 31 DecemberTo help \u201cease the burden\u201d of those who continue to face challenges due to the COVID-19 pandemic, the Housing and Development Board (HDB) will extend the suspension of late payment charges on mortgage and public rental arrears by another three months\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/10\/hdb-mnd-mortgage-rental-arrears-relief-1.jpg?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110369"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=110369"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/110369\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=110369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=110369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=110369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}