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POLITICS

Boris Johnson promises right to buy for 4m Britons

Thatcherite housing policy extended to benefit claimants as PM tries to reset leadership
Boris Johnson meets construction students at the Fylde College in Blackpool on Thursday
Boris Johnson meets construction students at the Fylde College in Blackpool on Thursday
PETER BYRNE

The prime minister has promised “many more” 95 per cent mortgages to help first-time buyers on to the housing ladder as part of plans to “unbolt the door” to home ownership for more than four million people.

Decades-long fixed-rate mortgages and compulsory insurance against defaults are the key options being examined by a review.

In a speech that also warned against a “bad peace” in Ukraine and hinted at a cut to tariffs on bananas, Boris Johnson sought to reassure the Conservative Party that his government had a plan for growth after 40 per cent of his MPs voted this week to remove him.

Johnson: We can’t tax our way to growth

He also promised to cut taxes and to “do everything in our power to look after the British people” struggling