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HELP TO BUY
Help-to-buy: Scheme has helped biggest
developers to double profits
Tom Knowles, Property Correspondent
September 8 2018, I 2,0 I am, The Times
MOVE NOW WITH HELP TO BUY
AND A 5% DEPOSIT I
Barratt is ma.king twice as much profic as it was cen years ago despite a tiny rise in
productivity
CHRIS RATCLIFFE/BLOOMBERG/GETTY
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Britain's biggest housebuilders have doubled the average profits
they make from each home since the Help to Buy scheme was
launched.
i
Analysis by The Tmes reveals that the top five builders in
Britain are making an average profit of £57,000 on each house
they sell, compared with a mean average of about £29,000 in
2007.
Barratt, the biggest builder, is making almost double the
amount of profit compared with ten years ago but is building
only 411 more homes. Another builder, Bellway, is making more
than £58,000 profit a house compared with a little more than
£30,000 in 2007 but is building 2,000 fewer homes.