British Prime Minster Cameron says state-backed mortgages to help - TopicsExpress

British Prime Minster Cameron says state-backed mortgages to help increase home ownership will be introduced next week, which is 3 months earlier than planned. ""I am impatient to help young people get on the housing ladder," Cameron told The Sun. "I am not prepared to be a Prime Minister of a country with caps on aspiration." The Help to Buy scheme aims to boost mortgage availability by reducing the risk for lenders. Critics of the plan say it could spark a housing bubble. - Press Association Read more: money.uk.msn/news/pm-brings-forward-mortgage-help

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