PG with PM

David Cameron has a cup of tea with Sharon Ray during a visit to her home in Southampton
David Cameron has a cup of tea with Sharon Ray during a visit to her home in Southampton
0
Have your say

David Cameron has a cup of tea with Sharon Ray yesterday during a visit to her home in Southampton, which she has bought through Help to Buy.

The Prime Minister dismissed fears that the Government is pumping up a housing bubble as he hailed the success of the scheme.

The Government later announced council houses will be available to buy at a discount of 70 per cent this year.

It also pledged to invest the proceeds in new properties.

Communities Secretary Eric Pickles said a £75,000 cap on the cash value of the discount would also begin increasing in line with the CPI rate of inflation in a bid to revitalise the help to buy scheme. Mr Cameron branded sceptics of the mortgage guarantees – such as Lib Dem Business secretary Vince Cable – “London-centric”.