PM signals boost to housebuilders with pledge to put two million on housing ladder

By Joey Gardiner2020-10-06T14:05:00

Boris Johnson says reform of mortgage market will spark ‘biggest expansion of home ownership since the 1980s’

Boris Johnson has used his speech to the Conservative Party virtual conference to set out plans to reform the mortgage market to get two million first-time buyers on the housing ladder.

The prime minister said the government was going to take forward its manifesto pledge to set up a market for long-term fixed-rate loans, which will require deposits of just 5%.

Already registered? Login here

To continue enjoying Building.co.uk, sign up for free guest access

Existing subscriber? LOGIN

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.

Limited access to building.co.uk
Breaking industry news as it happens
Breaking, daily and weekly e-newsletters

Get your free guest access SIGN UP TODAY

Subscribe now for unlimited access

Subscribe to Building today and you will benefit from:

Unlimited access to all stories including expert analysis and comment from industry leaders
Our league tables, cost models and economics data
Our online archive of over 10,000 articles
Building magazine digital editions
Building magazine print editions
Printed/digital supplements

Subscribe now for unlimited access.

View our subscription options and join our community