Tuesday, November 29, 2011
Even less help for first-time buyers.
Grenville Turner, chief executive of Countrywide, accused the chancellor of adding "another barrier" for first time buyers struggling to get onto the property ladder. He said: "A positive antidote to assist the vast majority of homemovers and the resale market would have been a Stamp Duty holiday for all homebuyers up to Â£250,000. â€œWhilst the measures announced in the governmentâ€™s housing strategy are a step in the right direction, they only scratch the surface of the fundamental issues that have restricted the housing market in recent years â€“ housing supply and the high level of deposits required."