Lenders have issued a stark warning to government that Help
to Buy could send house prices soaring to 2007 levels today. Research by the Intermediary Mortgage Lenders
Association shows nearly 60 per cent of lenders and brokers believe a house
price bubble could undermine the success of the scheme. The research shows
lenders already anticipate a 2.7 per cent increase in the average house price
by the end of the year, pushing it to £166,418 according to the Land Registry
house price index. Read more on Inside
Housing.
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