Jake Berry MP and housing expert has told ITV Daybreak that "a stamp duty holiday [for first time buyers] doesn't work."
He added: "£3.5 billion equity stake imputed from the government to help you buy your own first home with a small deposit, at a reasonable interest rate, I think is a much better help."
More top news
A group of friends in Haverhill have left one of their mates with a fractured spine after a prank with a home-made ejector seat went wrong
Temperatures will remain low for most of the country as Britain battles against wintry showers, snow and gales this afternoon.
A giant panda has been caught in camera breaking iron bars and moving into the other cell to have a taste of milk in the next cell.