Hold on a minute. This person is a new single mum working as a sales director in a Southampton estate agency. She's far from being in dire poverty, but she won't exactly be rolling in it either. Lone parenthood is more expensive. I'd be surprised if her on-target earnings are above 60k, and they're probably quite a bit lower.
And most importantly, Help to Buy was explicitly designed to aid people who could afford repayments but didn't have enough savings for a deposit. It is a Tory policy, after all!
I'd say that this person is the very embodiment of the scheme, and it's not at all misleading of Osborne's/Cameron's intentions:
- young
- single mum (this is Notting Hilll Toryism which is socially and economically liberal)
- aspirational grafters (drives a nice car, well-groomed, pushing her career hard)
- earning fairly well, but still couldn't get on the ladder without the scheme, even though she works in an estate agents
Don't get me wrong, I think the scheme is idiotic (Fannie Mae, anyone? Property asset bubble, anyone?). But the idiocy will only show in future years and in the meantime people like this person will benefit, and this case example shows it.