And... it comes back to bite them.

From the FT:

First-time buyers who used the government’s Help to Buy scheme to get on the property ladder are finding they need help to remortgage, as many big lenders refuse to offer them finance. Under its flagship home ownership scheme launched in 2013, the government offered borrowers an equity loan of up to 20 per cent of the value of a new-build home, rising to 40 per cent in London.

Only eight out of 25 lenders said they would offer remortgages to new customers who had yet to pay off their government loans, according to figures provided to the Financial Times by Homes England, the housing regulator. This could leave buyers and “second steppers” who used the Help to Buy scheme facing reduced choice and higher fees when they come to remortgage.

Well, colour me surprised. No doubt the government will launch Help To Remortgage to keep the plates spinning for another few years.
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Via Lola, a primo bit of squealing from FT Adviser:

Calls to scrap the Lifetime Isa (Lisa) have been branded “nonsensical” by investment providers.

He said Nutmeg has more than 11,000 Lisa customers, managing in excess of £50m, with high levels of customer interest since launch. He said the popularity of their Lisa has resulted in roughly £12.5m in government bonuses for Nutmeg’s customers and he called the TSC’s report, calling for its abolition, “nonsensical”.

“Resulted in £12.5 million of bonuses”?? More like “resulted in additional costs to the taxpayer of £12.5 million and higher house prices somewhere down the line”.