Labour’s modest reheat of help to buy is worth a try | Nils Pratley
A new-build development in Bishops Stortford, Hertfordshire, in 2019. Photograph: Colin Palmer Photography/AlamyView image in fullscreenA new-build development in Bishops Stortford, Hertfordshire, in 2019. First, the inflationary risks of throwing subsidies at the housing market at a moment when wider inflation, driven by energy prices and the Iran war, is on the march.Second, the political awkwardness of turning to George Osborne’s playbook.
- ▪A new-build development in Bishops Stortford, Hertfordshire, in 2019.
- ▪Photograph: Colin Palmer Photography/AlamyView image in fullscreenA new-build development in Bishops Stortford, Hertfordshire, in 2019.
- ▪First, the inflationary risks of throwing subsidies at the housing market at a moment when wider inflation, driven by energy prices and the Iran war, is on the march.Second, the political awkwardness of turning to George Osborne’s playbook.
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| Original publisher | The Guardian — Politics |
| Canonical URL | https://www.theguardian.com/politics/2026/sep/28/labour-help-to-buy-your-first-home |
| Publication time | Mon, 28 Sep 2026 16:51:26 GMT |
| Retrieval time | 2026-09-28T18:25:14.477Z |
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A new-build development in Bishops Stortford, Hertfordshire, in 2019. Photograph: Colin Palmer Photography/AlamyView image in fullscreenA new-build development in Bishops Stortford, Hertfordshire, in 2019. Photograph: Colin Palmer Photography/AlamyEconomic policyLabour’s modest reheat of help to buy is worth a try Nils PratleyTurning to George Osborne’s playbook may look awkward, but cutting deposits to 2.5% could jolt a housebuilding sector stuck in a funk What you need to know about Your First Home scheme Mon 28 Sep 2026 12.51 EDTLast modified on Mon 28 Sep 2026 13.18 EDTShareThere may be three reasons why the Labour government has hesitated until now to reheat the Tories’ decade-long help-to-buy scheme.
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