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Strong demand for new ‘Help to Buy’ train ticket scheme


It’s a Super Off-Peak!

Almost 750 train tickets have been bought via the Help to Buy train ticket guarantee scheme, the government has said.

The UK-wide initiative, which started in October, lets people buy single and return train tickets with a deposit as small as 5% of the total crippling cost, with the remainder of the loan backed by the taxpayer in case the traveller defaults or oversleeps.

Liberal Democrat Vince Cable recently said the scheme should be reassessed in light of a “raging ticket price bubble” which has seen some popular fares increase by 500% every few days, but Prime Minister David Cameron maintained that it is preventing people from being frozen out of the train ticket market. Continue reading


Filed under Economy, Travel