‘The PM has announced that the full Help to Buy scheme will start within days. In an interview with the Sunday Telegraph, David Cameron said the scheme would be brought forward from January 2014 to this week.
In the interview he insists that it is the right policy to tackle the “broken” housing market which requires young professionals, such as teachers and nurses to provide a £40,000 or £50,000 deposit.
“If you haven’t got rich parents you can’t get that sort of money, so the scheme comes forward, starting next week. That is a major move in terms of backing aspiration and home ownership which is something very close to my heart.”‘
Source: The Sunday Telegraph , The Sunday Times, The Mail on Sunday, Sunday Express, The Sun