Following yesterday’s budget, the proposal for Government backed ‘gold standard’ mortgages is still on the agenda.Chancellor Alistair Darling confirmed a working group to investigate the feasibility of such a scheme would be established. The Government plan to launch a new system which will grade all mortgages, with the least risky given a gold standard Kitemark. [...]

More: Proposals for mortgages to be graded by order of risk still in the pipeline