Housing: New warning on house price ‘bubble’

iStock_000007190810XSmallDespite the effects of the last housing slump still being felt by many, there are concerns that government policies could be creating a new housing ‘bubble’. The warning comes from the Building Societies Association (BSA), who is concerned that assistance given by the government to homebuyers, particularly via the Help to Buy scheme, could “inadvertently” create a new housing ‘bubble’. Paul Broadhead, Head of Mortgage Policy at the BSA, said: “We are pleased that the Government shares our commitment to get the housing market moving, ...