Tuesday, November 29, 2011

Even less help for first-time buyers.

Osborne ends Stamp Duty holiday 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 £250,000. “Whilst the measures announced in the government’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 – housing supply and the high level of deposits required."

Posted by phil @ 03:06 PM (745 views)
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