T
totallyproperty
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While the UK government's flagship Help to Buy scheme has assisted in over £1 billion worth of mortgages over the last few months, David Cameron has refuted allegations that this is helping to feed the UK property market frenzy. There are serious concerns among some experts that we are headed towards a house price bubble on the back of cheap finance.
This is not the first time that the UK government has had to reject claims of feeding the UK property market frenzy amid concerns that political motivation could well be at the heart of the ongoing move. There is no doubt that the coalition, or the Conservative party on its own, would stand a better chance of re-election in 2015 if we had a buoyant economy, buoyant property market and a feelgood factor amongst voters. Whether this ongoing buoyancy and optimism for the future will last beyond the election in 2015 is at the heart of many discussions in the investment sector.
This is not the first time that the UK government has had to reject claims of feeding the UK property market frenzy amid concerns that political motivation could well be at the heart of the ongoing move. There is no doubt that the coalition, or the Conservative party on its own, would stand a better chance of re-election in 2015 if we had a buoyant economy, buoyant property market and a feelgood factor amongst voters. Whether this ongoing buoyancy and optimism for the future will last beyond the election in 2015 is at the heart of many discussions in the investment sector.
