It's scheduled for an official announcement later today, but the details appear to be out there:

• Home Buy Direct... a shared-equity scheme for ftbs, with loans of up to 30% offered by the Government and new-build developers.
• Mortgage rescue packages for families facing the repo man. Details here are less than clear but there's talk of a Government-backed sale-and-rent-back scheme, involving accredited housing associations, as well as various shared-ownership or shared-equity solutions, again involving housing associations.
• An injection of money into old-fashioned social housing.

There's likely to be (a lot) more commentary from the usual sources throughout the day, and at this point - before an official announcement - I feel reluctant to comment much... other than to express a certain skepticism about the idea of helping first-time buyers into buying new-build apartments that otherwise can't be shifted, exactly at a time when there's considerable uncertainty regarding how far the market has yet to fall. Who's receiving the benefit? The purchaser or the developer?

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