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Left MP Michael Meacher warned yesterday that the government's "disastrous" Help to Buy mortgage scheme would spark an artificial housing price boom followed by a collapse.
Prospective home buyers will be enticed to take the plunge into the stormy waters of the housing market with a government-backed offer of 95 per cent mortgages.
"It is utterly contemptible and irresponsible," declared Mr Meacher as Prime Minister David Cameron trumpeted a major extension of the scheme.
Trade unions call for windfall tax hike to fund social energy tariff to public’s energy bills
CAROL WILCOX argues for the proper implementation of the land value tax, which could see unused plots sold off and landlords priced out of landlordism, potentially resolving the housing and planning crises
