Secretary of state Eric Pickles has backed a developer against a council over affordable housing requirements. Separately, another council has let a developer off its obligation to provide further affordable homes.
The number of homes repossessed from struggling owners in the UK fell in the second quarter of the year, lenders say.
Chancellor George Osborne announces a new Help to Buy scheme, aimed at helping people to buy their own homes. He has also launched a mortgage guarantee scheme, to increase mortgage availability.
Almost half (46%) of first time buyers are considering turning to shared equity and shared ownership schemes to enable them to buy their first home, according to latest research from Lloyds TSB. Of these, one in four (26%) said affordable housing schemes were their only option for getting onto the property...
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