Labour says it will take the Government 200 years for its flagship NewBuy scheme - which aims to overcome the deposit gap for new home buyers - to reach its target of helping 100,000 homebuyers on to the property ladder if sales continue to falter.
It follows official figures released yesterday showing the scheme supported just 250 sales in the first four months of the scheme.
Under the scheme, individual home builders partner up with one or more mortgage lenders who offer 90-95% loans on their n...
