UK expands shared home ownership scheme

The UK government is to make it easier for young couple to get in the housing ladder by expanding the right to shared ownership. Prime Minister David Cameron said that tens of thousands of young couples will be helped by reforms to existing part buy, part rent schemes. The policy should see 175,000 more aspiring home owners being able to buy a stake in their own home. Current rules that favour so called key workers such as nurses and fire fighters will be scrapped which means any households with...