Pension pot plan to buy homes 'beyond bonkers'

Advertise here

Published by 24publishing for 24dash.com in Housing and also in Central Government, Communities, Local Government

Allowing parents and grandparents to use their pensions to help their children get on the housing ladder is "beyond bonkers", according to the deputy leader of the Labour party. The idea was floated this week by the Liberal Democrats at their annual conference in Brighton. Appearing on Question Time this evening, chief secretary to the Treasury Danny Alexander, explained: "We had an idea about allowing those mums and dads who don't have vast amounts of free cash to give their children but do have a pe...

Read full article...