A controversial scheme allowing people across the UK to take
out 95% mortgages will be launched next week - three months earlier than
planned. PM David Cameron made the announcement as the Conservatives gathered
in Manchester for their annual conference. He told the BBC's Andrew Marr show
the market was "recovering from a very low base" and first-time
buyers needed help to get on the housing ladder. "As prime minister I am
not going to stand by while people's aspirations to get on the housing ladder
are being trashed." He rejected concerns - raised by Business Secretary
Vince Cable among others - of an unsustainable boom in house prices,
particularly in the south-east of England. Read more on the BBC website.
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