The Tory help-to-buy housing bung looks "foolish and discredited" after the Bank of England scrapped funding for cheap mortgages, economist Michael Burke said yesterday.
The bank had been helping high-street lenders to offer low-interest mortgages and personal loans though its funding for lending scheme.
It ran alongside the government's help-to-buy housing scheme, which guarantees mortgages for lenders with deposits as little as 5 per cent.
CAROL WILCOX argues for the proper implementation of the land value tax, which could see unused plots sold off and landlords priced out of landlordism, potentially resolving the housing and planning crises
Our housing crisis isn’t an accident – it’s class war, trapping millions in poverty while landlords and billionaires profit. To solve it, we need comprehensive transformation, not mere tokenistic reform, writes BECK ROBERTSON


