From the BBC:
... Boris Johnson has promised low-deposit mortgages to help young people get onto the housing ladder.
In an interview with the Daily Telegraph ahead of his party's four-day conference, the prime minister said he had asked ministers to work up plans for encouraging long-term fixed-rate mortgages with 5% deposits.
"We need mortgages that will help people really get on the housing ladder even if they have only a very small amount to pay by way of deposit, the 95% mortgages," he said. "I think it could be absolutely revolutionary, particularly for young people."
Haven't we been doing this for decades - ramped up with Help To Buy - and simply seen house prices increase to soak up the extra borrowing?
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