Calls for help for first time buy­ers

Yorkshire Post - Property - - PROPERTY -

THE Gov­ern­ment’s de­ci­sion to re­move the stamp duty hol­i­day for first-time buy­ers in March has left a ‘frag­ile sec­tor’ with lit­tle sup­port, ac­cord­ing to the Na­tional As­so­ci­a­tion of Es­tate Agents. Mark Hay­ward, pres­i­dent of the NAEA, says: “We have con­sis­tently called for in­creased sup­port for first-time buy­ers to aid the wider re­cov­ery of the hous­ing mar­ket. “The stamp duty hol­i­day pro­vided a de­gree of breath­ing space and without it the prospect of home own­er­ship will mean more months of sav­ing for many peo­ple. We need to see is much more com­mit­ment from the Gov­ern­ment and the ma­jor lenders to help lift the bar­rier house hunters try­ing to buy cur­rently face.”

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