More from Peter McKay for the Daily Mail. So, a win-win situation - new houses for some and electoral help for the Tories? It’s ‘frankly, the earlier the better’ because Cameron has a mountain to climb if he wants to win the next election in 2015. I have always wanted this to come in and, frankly, the earlier the better.’ Meaning they have to take out a mortgage for the remaining 75 per cent.Ĭameron says: ‘I am impatient to help young people get on the housing ladder. The Government then makes buyers a 20 per cent equity loan. The maximum purchase price is £600,000 in England and £400,000 in Scotland. Their £12billion Help To Buy scheme is designed to assist 190,000 individuals, or couples, purchase a house or flat with just a five per cent deposit. The Tories want to help them, calculating that they’re more likely to vote Conservative than those happy to remain in rented accommodation. Getting on the housing ladder is a dream for many young people. Some spend their entire lifetimes aspiring to some level of material comfort which will always elude them, making do as best they can. The poor, young and old can’t always buy what they need, far less what their hearts desire.
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