Brokenshire criticised for suggesting first-time buyers dip into pension

Officials say housing secretary’s idea ‘will be risky and does not help the people it intends to’

The housing and communities secretary, James Brokenshire, has faced criticism from Whitehall officials after suggesting that people should be allowed to dip into their pension funds to afford the deposit on a first home.

Officials at the Department for Work and Pensions (DWP) have written to Downing Street to say the idea was not cleared with them, and could carry risks.

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from Property | The Guardian http://bit.ly/2QGgHk5
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