Mixed opinions on shared equity scheme

Mon, 12 May 2014

Shared equity defeats the objective of entering the first-time buyer scheme.

That’s what some would-be beneficiaries of the government’s help to buy scheme say in the wake of changes announced by the Treasury.

Minister Eddie Teare says the current scheme has come to the end of its lifecycle and is ready to expire – paving the way for modernisation.

David Creasey is a chartered surveyor - he says it worked in the UK: