Two Thirds of Economists Oppose Help to Buy

A survey of 31 economists has shown a majority oppose the government's controversial Help to Buy scheme. Two thirds of the economists surveyed described the scheme as "bad." The government intervention into the housing market will see taxpayers on the hook for 15 per cent of a home's value, the purpose of which is so banks will once again be willing to offer 95 per cent mortgages and provide a step up on to the housing ladder. Read more on the City AM website.