Aldermore’s Haresnape welcomes Help to Buy extension

POSTED: 17th March 2014
IN: Newsroom

Following yesterday’s announcement by Chancellor George Osborne on The Andrew Marr Show that the Government’s Help to Buy scheme will be extended until 2020, Charles Haresnape, MD Residential Mortgages at Aldermore Bank said,

"An extension of Help To Buy to the end of the decade is good news for first time buyers who continue to struggle with deposit raising as house prices rise. This demonstrates that the government believes this is sustainable and not inflationary."

Commenting on the proposed new garden city in Ebbsfleet,Haresnape added:

"I have been suggesting this for some time now but the main question is why is this another southern based initiative rather than boosting infrastructure in the north where land prices are cheaper and more employment could be encouraged."


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