Will introducing 'Help to Buy' in Scotland take us down the route of another housing bubble?
The controversy surrounding the Help to Buy Scheme south of the border has not prevented a similar government-backed scheme being introduced in Scotland. The Scottish Government announced investment of ?220m over three years to provide financial assistance to eligible homebuyers in what it has described as a ?game changing initiative? for the housing industry.
The Help to Buy scheme, which has the support of the Council of Mortgage