Treasury Minister Sajid Javid said the Help to Buy scheme, which aims to get people on the housing ladder was "for everyone" and not just young people.
The government department of Business, Innovation and Skills has issued new guidance, saying that private sales portals do not need to conform to the Estate Agents Act.
The department's updated guidance now reflects changes introduced yesterday via the Enterprise and Regulatory Reform Act 2013.
The second phase of the Help to Buy scheme will start from next week instead of January, the Conservatives announce, as their party conference opens.
Chancellor George Osborne has asked the Bank of England to take a bigger role in ensuring his Help to Buy housing scheme does not fuel a property boom.
The Bank's Financial Policy Committee (FPC) will make annual reviews of the scheme, starting next September.
Labour is seeking to tackle what it calls the UK's housing crisis by building 200,000 homes a year by 2020.
Leader Ed Miliband will say building levels have fallen to their lowest level for almost 100 years.
He is set to announce plans to free-up councils from planning regulations, penalise developers who hoard land and deliver another wave of new towns.
Developers have warned that planning authorities are increasingly attaching planning conditions to new residential schemes which are “onerous and unrealistic” and holding back work on site.
That is the claim of the Home Builders Federation as it published its latest assessment of planning approval
China has reached an agreement with Ukraine for enhanced crop and pork production on as much as 3 million hectares of farmland, or about 5 percent of Ukraine’s total area, in what will be China's biggest overseas agricultural project to date.
The chancellor believes he got the thumbs up (in private) for his ambitious mortgage-guarantee scheme, Help to Buy, from the newish Canadian governor of the Bank of England, Mark Carney.
There is a hopelessly inadequate supply of new homes – and it is even worse than official figures have so far suggested. The claims come from the Town and Country Planning Association and are based on the last Census.
The number of mortgages advanced to first-time buyers in July increased by 41% compared with a year ago, but the numbers remain well below peak levels.
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