Your tax take Real peo­ple re­spond to the Chan­cel­lor

Bud­get roundup

The Daily Telegraph - Your Money - - FRONT PAGE -

in place now we wouldn’t have been able to buy.”

This prob­lem may worsen by 2021, given that house prices are ris­ing in all re­gions of Eng­land ex­cept London. The Trea­sury said there were no plans to ad­just the caps.

Ray Boul­ger of John Char­col, a mort­gage bro­ker, said many peo­ple would be left un­able to buy where they live. “These changes will ef­fec­tively knock houses out of the scheme,” he warned.

Help to Buy has been crit­i­cised for push­ing up house prices and many in the in­dus­try had wanted changes, but not in such a blunt man­ner.

‘They’ve just made it more dif­fi­cult for buy­ers in places like Cam­bridge’

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