Chancellor says aims of mortgage guarantee scheme, to shut by end of 2016, have been ‘successfully achieved’Philip Hammond has confirmed that the government’s help-to-buy mortgage guarantee scheme will be closed by the end of the year, another flagship policy of former chancellor George Osborne now abandoned by the Treasury.In a letter to Bank of England governor Mark Carney, the chancellor said the scheme had a “specific purpose that has now been successfully achieved”. Continue reading…
Source : theguardian.com
Read more…Closure of help-to-buy scheme confirmed by Philip Hammond















