Advertisement

  1. National

Budget homes plan loophole

The Treasury has still not explicitly said it will prevent homeowners from using Government-backed mortgage guarantees to buy second homes, after ITV News exposed the loophole. It is also feared the cost of the scheme could be passed onto borrowers.

View all 22 updates ›

How Osborne's Budget aims to boost home ownership

The big surprise in today's speech was the scale of the Government's attempt to boost home-ownership and growth in the housing market.

From next year, it will guarantee the mortgages of prospective home buyers who are struggling to find a loan and offer help on deposits for first time buyers.

Business Editor Laura Kuenssberg reports:

More on this story