Housing assistance scheme raised in Keys

Infrastructure minister questioned over SHared Equity Purchase Assistance Scheme

The infrastructure minister says there's currently no indication government needs to increase the amount of money it can give to help people buy a house.

Ray Harmer was quizzed about the maximum price limits of the Shared Equity Purchase Assistance Scheme by North Douglas MHK David Ashford in the House of Keys.

Mr Ashford said while he accepted putting the amount up could lead to a rise in the market, the limit of the First Home Choice Scheme at £190,000 was pricing people out of the market for three-bedroom properties in the Island's towns.

Here's Mr Harmer's response: