Help To Buy: Cameron May Consider Changes

Written By Unknown on Selasa, 20 Mei 2014 | 16.01

House prices rose in the year to March by 8% official figures show, as David Cameron said he will "consider" changes to the Help To Buy scheme if advised to do so by the Bank of England.

While the increase is down on the 9.2% rise in February, according to the Office for National Statistics, the continued strong price growth, particularly in London and the South East, is set to fuel criticism of the Government scheme underwriting home loans for people without large deposits.

It comes after the Bank of England governor Mark Carney told Sky News the housing market had "deep, deep" problems

In an interview with Sky's Murnaghan show on Sunday, Mr Carney warned rising house prices represented the biggest current risk to the economy.

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