Petition · past parliament

End the Help to Buy scheme and increase funding for new social housing

Closed 38 signatures

What the petition asks

The Government needs to stop interfering with the demand side of the housing market, and just concentrate on the supply side. The Help to Buy Scheme has cost tax payers £29 billion, with only 340,000 houses being bought. Reports have found that this scheme has artificially inflated house prices.
The £29 billion spent on the scheme could have been used to supply more social housing, instead of funding the scheme.

This would have helped increase the housing supply. The Government should do more to supply social housing rather than funding the scheme.

Timeline

18 May 2023 Petition opened for signatures
18 Nov 2023 Closed to new signatures

Key facts

Signatures 38
Status Closed
Opened 18 May 2023
Closed 18 Nov 2023

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Source: the official petition page. Last checked 15 Jul 2026.