The government will find an extra £10bn for the Help to
Buy scheme to let another 135,000 people get on the property ladder, Theresa
May has said. The extra cash will help buyers get a mortgage with a deposit of
as little as 5% to buy newly built homes. Mrs May gave no detail about the
source of the funding and said plans would be outlined in the Budget on 22
November. But think tank the Adam Smith Institute criticised the revival of the
scheme, saying it would push up house prices. Read more on the BBC.
Sunak claims defence spending plan won’t affect government’s ability to cut
taxes – as it happened
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