House prices rose in the year to March by 8% official figures show, as David Cameron said he will "consider" changes to the Help To Buy scheme if advised to do so by the Bank of England.
While the increase is down on the 9.2% rise in February, according to the Office for National Statistics, the continued strong price growth, particularly in London and the South East, is set to fuel criticism of the Government scheme underwriting home loans for people without large deposits.
It comes after the Bank of England governor Mark Carney told Sky News the housing market had "deep, deep" problems
In an interview with Sky's Murnaghan show on Sunday, Mr Carney warned rising house prices represented the biggest current risk to the economy.
In response, the Prime Minister has indicated he is open to rethinking Help To Buy.
Asked if he would look at reducing the programme's £600,000 threshold, Mr Cameron said: "Of course, we will consider any changes that are proposed by Mark Carney.
"But, as he said, this is a well-targeted scheme and it's helped tens of thousands of people get on the housing ladder and to have mortgages."
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