News

25 09, 2013

Ed Balls attacks Help to Buy

2013-09-25T00:00:00+01:00September 25th, 2013|

Shadow chancellor Ed Balls has said the government's Help to Buy scheme will make it harder for first-time buyers to get onto the property ladder. In a speech at the Labour party conference in Brighton, Mr Balls called on the coalition to [...]

23 09, 2013

Agents reject Help to Buy bubble concerns

2017-08-29T10:45:54+01:00September 23rd, 2013|

Estate agents across the country have rejected concerns related to the government's flagship Help to Buy programme. Speaking to the Financial Times, a number of realtors across the country said headlines of a housing bubble were premature and had led to people [...]

20 09, 2013

Chancellor rallies in favour of Help to Buy

2013-09-20T00:00:00+01:00September 20th, 2013|

Chancellor George Osborne has rallied in favour of Help to Buy mortgages - the coalition's flagship housing policy. The popular funding for lending scheme announced earlier this year by the government has been hit by a number of criticisms from Liberal Democrat [...]

17 09, 2013

Clegg has Help to Buy doubts

2013-09-17T00:00:00+01:00September 17th, 2013|

Liberal Democrat leader and deputy prime minister Nick Clegg has private reservations about the coalition's Help to Buy Scheme. Sources close to the politician told Sky News that he thinks it might inflate the housing market so much that it will cause [...]

10 09, 2013

Lloyds boss defends Help to Buy

2013-09-10T00:00:00+01:00September 10th, 2013|

Although some have criticised the government's new Help to Buy scheme for inflating the housing market, Lloyd's Banking Group's chief Antonio Horta-Osorio has defended the project. Lloyds TSB is currently 38 per cent owned by the taxpayer after it was bailed out [...]

5 09, 2013

Tory MP backs Help to Buy

2013-09-05T00:00:00+01:00September 5th, 2013|

The UK's chief financial secretary to the treasury Greg Clark has backed the coalition's flagship Help to Buy scheme. In a blog post on Conservative Home, the Tunbridge Wells MP argued that the programme is simply a spiritual successor to Margaret Thatcher's [...]

3 09, 2013

Think tank criticises Help to Buy scheme

2013-09-03T00:00:00+01:00September 3rd, 2013|

The Adam Smith Institute, a libertarian think tank in favour of a free market economy, has criticised the government's Help to Buy scheme. Officials at the political consultancy body argue that the price of housing in the UK is currently substantially above [...]

23 08, 2013

Building society joins Help to Buy race

2013-08-23T00:00:00+01:00August 23rd, 2013|

Mansfield Building Society (MBS) is the latest financial institution to offer customers a Help to Buy product, as the market grows. The mutual is offering a three-year variable rate mortgage starting at a discounted rate of 3.49 per cent, which will then [...]

21 08, 2013

Bury locals offered discounted house prices

2013-08-21T00:00:00+01:00August 21st, 2013|

People in Bury will have the chance to buy cut-price new homes in the town after Persimmon announced a new scheme to allow locals to get a discount on developments. The housebuilder, which has been significantly boosted by the government's Help to [...]

19 08, 2013

Midlands tops Help to Buy mortgage demand table

2013-08-19T00:00:00+01:00August 19th, 2013|

New figures leaked to the Financial Times (FT) have shown that the Midlands is the region with the most demand for Help to Buy products. The Midlands is a hub of manufacturing and production in the UK and these sectors have seen [...]