Data shows Help to Buy assisted sales, which make up just 3% of all house sales, are overwhelmingly concentrated in areas with low house price growth
With Bank of England governor Mark Carney expressing his concern at signs of a housing bubble, and Lloyds Bank restricting lending in London, the government is under increasing pressure to rein in its Help to Buy policy.
However, data shows Help to Buy assisted sales, which make up just 3% of all house sales, are overwhelmingly concentrated in areas with low house price growth. Just 6.7% of Help to Buy sales are in London where prices are rising most rapidly.
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