The Help to Buy equity loan scheme
Published on:The Help to Buy equity loan scheme is improving access to mortgage finance, but the scheme’s costs will be substantial.
The Help to Buy equity loan scheme is improving access to mortgage finance, but the scheme’s costs will be substantial.
This Departmental Overview is one of 15 we are producing covering our work on each major government department. It summarises our work on the Department for Communities and Local Government during 2011-12.
In June 2011, the National Audit Office reported on the system for enforcing consumer law and the Government subsequently made a series of reforms to the consumer landscape. This update report summarises recent changes and sets out the proposed benefits to consumers, businesses and taxpayers as well as the possible risks to be managed.
The provision of adequate adult social care poses a significant public service challenge. Demand for care is rising while public spending is falling.
There is wide variation in the extent to which £79 billion in central funding allocated to local health bodies differs from target allocations that are based on relative need.
• This is NAO’s first report on funding since the 2013 health reforms took effect. Where possible comparisons have been made with funding under the previous system set out in a 2011 NAO report.
Review of a sample of the data systems underpinning the input and impact indicators in the Department for Communities and Local Government’s Business Plan, Common Areas of Spend and wider management information.
Local authorities have worked hard to manage reductions in government funding, but the DCLG needs to be better informed about the situation across England.
It has not yet been demonstrated that funding mechanisms for supporting local economic growth are capable of delivering value for money.
Central government needs to have better engagement with local government, particularly as more services are devolved.
The Department for Education is not meeting its objectives to improve the quality of care and the stability of placements for children in care.
The lack of predictability of funding for highways authorities has practical implications for road networks and may lead to increased costs in the long term.
Local authorities have worked hard to manage reductions in government funding, but the DCLG needs to be better informed about the situation across England.
Improvements have been made to the running of the Regional Growth Fund, but there is still a significant amount of public money to allocate through the Fund.
The Programme launch has been successful, however key risks remain such as the planned delivery of new homes towards the end of the programme period.
The Comptroller and Auditor General has qualified his audit opinion on the 2011-12 financial statements of the East of England Development Agency (EEDA) because of irregular ex-gratia payments, totalling £51,000, made by the Agency to its staff.
Not all local authorities’ Council Tax support scheme will achieve the objectives outlined by the Department of Communities and Local Government.
This briefing draws out findings from 46 NAO reports since 2008-09 that are relevant to local delivery. It communicates the wide range of work we have undertaken and the main lessons that have arisen from it.
Payment by results (PbR) schemes are hard to get right, and are risky and costly for commissioners. Credible evidence for claimed benefits of PbR is now needed.
DWP is working to manage the introduction of the housing benefit reforms and has a critical role to play in anticipating adverse consequences.
The new policing oversight framework has been in place for a year but already there are gaps in the system with the potential to undermine accountability both to the Home Office and the public.