Sunday, May 18, 2014

Help to Buy housing scheme could be 'pared back', says Nick Clegg

Mark Carney: "There are not sufficient houses built in the UK"

Bank of England to help plan the government did not believe the housing market is overheating , Nick Clegg could be the " second " is said .
Bank governor Mark Carney booming market for long-term financial stability has warned of the dangers posed by the Deputy Prime Minister is speaking .
Mr. Carney Bank Mortgage Support Scheme , it was considered advisable , " modified " .
He sufficient to meet the demand for homes is not being built .
Prime Minister David Cameron "Perfect " , and now to help bring new growth " very useful , " he added enough new houses being built , Mr. Carney is not .'Back ' shameful '
Prices have risen since its introduction in many areas .
Asked about Mr. Carney 's remarks , Mr Clegg now I want to help us , "I told the BBC's Andrew Marr , he cut in government needs to say something , then I We have to do it .

" In these years , we have made progress , we do not have it . The biggest long-term problem in this country just are not enough , we just do not build houses , but we need to do more in the future have . "
BBC political correspondent Alan Soady a house price bubble always help the government had forced her to have plans to buy at increased risk .
He said : " Nick Clegg 's comments today , this scheme can be added after the heat of the housing market that is estimated that at least does not seem possible . "
In an interview with Sky News , Mr Carney banks rising property prices and a " debt overhang " the cost of mortgages , " closely monitoring " was increased warned that the economy is unstable .' Very useful '
"The domestic risks, the stability of the [ economic ] expansion , so that risk and financial stability in the housing market , are at the greatest risk . "
, he said .
explained in terms of the recommended changes would help . "
Official government figures , the country in March , up 31 % year-on -year increase of 133.650 houses before starting work on the show.
But by 2031 about 300,000 homes a year to meet the current needs of the government body for the UK needs to build .
Badly hit during the economic downturn in the construction sector , and builders are too restrictive , despite the government's appeal , the plan was to improve the law .
The developer also "reserves" have been accused of land ready to be built upon .
According to the government , until now 194.992 £ 17,000 in the first nine months, an average value has been used to purchase a home .
Earlier this month , Chancellor George Osborne " in the housing market intervention tools " was the Bank of England told the BBC .
" They say I should not hesitate to use the tools they think will help with economic stability , " he said .
There also was interviewed on Sky News , the bank is a new housing " bubble" is developing, Mr Cameron , had the power to stop .
Mr. He needs more homes to be built that Carney, but "Perfect " was .
"The house is building up in the moment , to speak to a housing developer or builder ... now they bring home a long way in further aid the development project to will tell you that buildings. . "
Chancellor Ed Balls , the shadow home supplies Mr. Carney 's warning , " George Osborne puts the ball firmly in the court , " he said .
Call for help now £ 600,000 threshold will be reduced , he said , " What's chancellor in the housing market can not wash its hands . " Said
Lord Lawson government accepted the advice of Mr. Carney said that the former Conservative chancellor , told the BBC Radio 4's The World This Weekend .
He added .bleating sounds , but it was well justified in their opinion, is not really what he should do . "
Rob Campbell and more measures to stabilize the market , " hand in hand " with the housing charity Shelter , building houses , was to be the chief executive .



 

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