PM kick starts 2014 with Southampton visit

The Prime Minister is visiting Southampton today as part of the Help to Buy scheme launch.

The scheme will see £1 billion of new loans and 6000 applications within the space of three months.

David Cameron announced today that the over 6000 people have put in offers for a mortgage as part of the Government's Help to Buy scheme.

The mortgages, once approved, would represent nearly £1bn of new lending to aspiring home owners who may have previously found the property market out-of-reach.

David Cameron is promoting new Help to Buy scheme Credit: PA Wire

The schemes come as part of the long-term economic plan to build a stronger, more competitive economy to secure a better future for Britain.

The Prime Minister David Cameron said:

"The New Year is often a time when people look to make those big life-changing decisions like moving home or taking that first step on the housing ladder. But too many people have found themselves frozen out of the market in recent years as a result of the size of the deposit required."


David Cameron visits Southampton

David Cameron is visiting Southampton today as the Prime Minister aims to kick start 2014 by highlighting the Help To Buy scheme.