Regional disparities
The research also provided a breakdown as to how this manifested in Help to Buy properties across the country.
The East Midlands was found to be the most profitable area for the government with the average Help to Buy home in the area now worth an estimated £300,690 versus £256,089 five years ago.
This means that the government’s original share for those utilising the loan to the full 20 per cent has increased from £51,218 to £60,138, an increase of £8,920.
Benham and Reeves reported that only one region was not profitable, London, where the government’s potential 40 per cent share in the average property has fallen by £1,590.
tom.dunstan@ft.com
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