£200 of that was already priced in (though now no longer a loan)

The other £200 is roughly what they are saying they will get from the not-a-windfall-tax.

I don't think this is inherently inflationary as many of the house buying schemes have been. One effect is that it will make the extra for those with lower incomes more palatable to better off voters - it is the main argument for universal benefits.

Posted By: watfordcanary, May 26, 17:13:30