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Cameron remains confident about Help to Buy Scheme

Cameron remains confident

The Prime Minister has vowed that the Government's Help to Buy (H2B) scheme will deliver social mobility and help Britons "move on and up in life". He said H2B was central to his vision for a Britain where hard work and aspiration were rewarded, adding that the initiative was helping many first-time buyers on average earnings to get on to the property ladder. "This is about social mobility. The fact is that without H2B we were beginning to see a country where only people who had wealthy mums and dads who could give them the money for their deposit were able to buy a flat or a house. 'This is' about helping people who don't have rich parents to get on and achieve their dream of home ownership which is why it's so welcome," he said. Separately, Janan Ganesh writes in the FT that H2B is smart politics. He notes that building more homes is the ultimate solution to the housing problem, but adds that bridging the housing gap for many young and middle-aged people priced out of the market will be a vote winner.

inancial Times, Page: 4    Financial Times, Page: 11   The Daily Telegraph, Page: 12   The Independent, Page: 5   The Herald, Page: 9   The Scotsman, Page: 8