What the hell ? how is this going to work, Henry Pryor is right, the “NewBuy” scheme is just the houseowning classes trying to propup their ill gotten inflated houseprice gains by offering more debt availability to avoid a correction in the inflated house prices, this will fuel more property speculation.

Oh and lets give those who already steal/leech on the benefits system the opportunity to buy their own homes at an actual discounted price, ahead of those not on the ladder in the private sector ? They will give benefits claiments an actual discount on market prices ? and allow them to erode the quantity of social housing available, when it was proven last time that allot of the people who took advantage of the right to buy scheme were speculators using the right to buy scheme to make money through selling propertys on .

And the private renter who cant get on the ladder pays taxes and doesn’t claim benefits, instead they can carry the debt can so that when the correction occurs theyre stumped with the negative equity ? Great Cameron the benefit classes and the wealthy have again worked out how to screw the non claiming, poor to middle class non house owning set !