The AD government’s blueprint to ‘fix’ the housing crisis, and stimulate supply, has a long way to go before being ‘set in stone’, with one of the most ‘heroic’ measures (the possibility of 100% mortgages with a State guarantee for the under-35s) already stuttering. Reports today suggest State guarantees will only be available for young people who have put down a 10% deposit. The limits regarding the price of properties that would qualify for this support/ the ages of ‘young people’, and many other details are still to ‘iron out’ – and the measure is still a long way from reaching parliamentary consensus.
No 100% mortgages for under-35s …
