David Cameron dismissed concerns from Labour and
coalition ministers that the government's Help to Buy scheme may be feeding a
housing bubble as he promoted its next phase. The prime minister branded
sceptics of the mortgage guarantees – such as the Liberal Democrat business
secretary, Vince Cable, "London-centric" and claimed that in many
parts of the country prices were "barely moving at all". His defence
of the government scheme came as he promoted new figures which claim to show
that more than 6,000 people have put offers in on homes and applied for
mortgages using Help to Buy since it was launched about three months ago. Read
more on the Guardian website.
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