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Hammond ditches Osborne’s help-to-buy homes scheme

From Property Talk Live on October 2, 2016

Philip Hammond has confirmed that the government’s help-to-buy mortgage guarantee scheme will be closed by the end of the year, another of former chancellor George Osborne’s flagships now abandoned by the Treasury.

In a letter to Bank of England governor Mark Carney, the chancellor said the scheme had a “specific purpose that has now been successfully achieved”.

Source: Property Talk Live