Shadow Chancellor Ed Balls has warned the government's Help to Buy scheme will make it harder for would-be first-time buyers to get onto the housing ladder.
In a speech at the Labour party conference, Balls joined Liberal Democrat business secretary Vince Cable and former Bank of England governor Mervyn King in criticising Chancellor George Osborne's flagship...
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Labour would make first-time buyers exempt from stamp duty for purchases under £300,000, Ed Miliband is due to announce.
The housing market recovery helped stamp duty revenues soar by a fifth in 2014-2015 to a record high of £8bn, according to research.
The Financial Conduct Authority (FCA) may restrict the changes lenders can make to mortgage contracts after assessing the fairness of the existing regulations.
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