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Cameron would consider changes to Help to Buy scheme

David Cameron said he would consider changes to the government's Help to Buy mortgage guarantee scheme if advised to do so by the Bank of England. The Prime Minister said: "It is absolutely right that we are alert to any dangers and problems."

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Economist: House prices likely to continue rising

House prices are likely to continue rising "solidly" over the next few months, according to a leading economist.

House prices rose by 8.0% in the 12 months to March to reach £252,000 on average, ONS figures show. Credit: PA

Dr Howard Archer, chief UK and European economist for IHS Global Insight, said: "Housing market activity is likely to be supported by substantially improved consumer confidence, markedly rising employment, improving earnings growth and extended low mortgage interest rates."

The rise is also currently being fuelled by the Help to Buy initiatives and a short supply of homes in some areas, he added.

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