The government's Help To Buy scheme, designed to boost the housing market, creates "medium and long-term risks to the taxpayer", MPs have warned.
The Public Accounts Committee said the portfolio of mortgage loans would create a "heavy administrative burden", the BBC reports. It also questioned whether it represented value for money for the taxpayer....
Has run Cautious Managed fund since 2011
What’s right – not what sells
Richards fires back at committee report
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Invested from 2006-2011