Ian Wilson, head of Halifax Intermediaries, has been reportedly speaking about Help to Buy.

Generally, the property market is operating below peak activity, according to Wilson, and homes should be being sold at a faster rate.

He also said that Help to Buy property sales made up an insignificant number of total property sales nationwide, to an extent that it was unlikely to be causing any damage to the market.

Experts from the Mortgage Advice Bureau based in Derby have agreed with this, saying that the scheme has not fuelled house price inflation, especially in areas around the capital.

However, the Help to Buy schemes have been making a significant difference on the ground level; to the people purchasing properties that they otherwise could not afford to do so.

Two million young adults are stuck living with their parents, according to the charity Shelter, because of unaffordable housing, yet a lot of people are escaping this, via the scheme with the small deposits it accepts, and they are managing to move on with their lives.

In the first fifteen months of the scheme, 27,167 properties were bought using it, according to governmental reports, changing the lives of this many first time buyers (and the lives of the parents who finally got their children out of their house!)

It can be easy to forget that Help to Buy really has helped people move onto the next stage of their lives and, from this perspective, it is worrying that it may not be available for some anymore as a result of banks making cuts to the scheme and the potential knock on effect this could have.