The government should reconsider its Help to Buy housing scheme, according to business secretary Vince Cable, who spoke of a "raging housing boom' in London and South East England.
The Help to Buy scheme, the second phase of which was launched in October and allows first-time buyers to acquire a property using smaller deposits, should be reviewed by the government, Cable told the...
Latest stats from HMRC
'Specific purpose successfully achieved'
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.
'Received interest from 100 firms'
Achieved Chartered status
'Until absolutely safe'
Consults to address 'structural mismatch'