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Clegg heeds Carney's warning on housing boom

The Deputy Prime Minister told ITV News the government should listen to the Governor of the Bank of England's warning on the risks of booming house prices threatening the economic recovery.

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Help to Buy 'providing desperately needed homes'

The government's controversial Help to Buy scheme is "providing desperately needed homes", the association representing property builders has said.

Home Builders Federation Executive Chairman Stewart Baseley said: "The Help to Buy Equity Loan scheme has supported demand for new build homes and its extension provides certainty about longer-term demand.

Mr Baseley said the scheme is helping the industry "plan ahead, rebuild capacity lost in the downturn and deliver".

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