Housing Minister Grant Shapps has outlined how the Coalition Government will provide much-needed support to homeowners at risk of repossession.
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The emergency budget delivered by George Osborne on 22 June should instil confidence in the economy and boost the housing market in the future, says estate agency Connells.
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The Council of Mortgage Lenders has responsed pragmatically to a Budget that will impact on the housing market, but which contains few surprises given the wide trailing of the “tough measures” that the Chancellor imposed.
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Campaigners from the National Housing Federation staged a photo opportunity on Budget Day outside the Commons to highlight the Government’s failure to mention the housing crisis during its deliberations over the forthcoming widespread budget cuts, which are expected to hit housing more than most areas.
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Chancellor George Osborne should use his first Budget to boost the housing market, the National Association of Estate Agents (NAEA) said today.
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From 25 March first-time buyers purchasing properties worth up to £250,000 will pay no stamp duty.
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Rumours are circulating that stamp duty on properties valued up to £250,000 may be scrapped in the Budget on Wednesday 24th March.
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