Prime Minister David Cameron has moved to allay fears
that the government’s flagship Help to Buy Scheme is risking a potential
‘housing bubble’ in the market, branding the scheme as a ‘complete success’. Mr Cameron praised the impact the scheme has
had in such a short space of time, and highlighted that over 700 houses had
been purchased and another 6000 were experiencing some form of market interest
since it began earlier last year. Cameron also highlighted that the current
level of property prices are still significantly lower than back in 2007, and
would be monitored closely to ensure that no dangerous outcomes are incurred as
an effect of the Help to Buy scheme. Read more on the Housing Excellence website.
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