Budgetary costing of Help to Buy changes subject to ‘uncertainty’

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Budgetary costing of Help to Buy changes subject to ‘uncertainty’
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Parliamentary Budget Office report assesses 60 different policy measures announced in Budget 2025

The estimated cost and impact of recent changes to the Government’s Help to Buy scheme are subject to a high degree of uncertainty, the Parliamentary Budget Office has warned.

In particular it said the cost estimate – put at €185 million per year – was based on 2023 out-turn data while there were “key uncertainties” relating to future house prices, demand from first-time buyers, new housing completions and loan-to-value ratios.Deepseek fears recede as Wall Street eyes Nvidia earnings“The scheme’s take-up rate is also uncertain due to the policy’s long-term extension, which may influence behaviour,” the PBO said.

In assessing 60 budgetary measures, the PBO noted that over 50 per cent of these were tax policies, while 22 per cent were related to social protection. The government’s “data” had the lowest uncertainty, whereas “modelling” had the highest. Significant “behavioural” uncertainty was noted in tax measures.

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