Tuesday, 26 March 2013

CLG Rebuts ‘Help To Buy’ Second Homes Claim

The CLG has insisted the help to buy policy announced in the Budget should not support the purchase of second homes. The £3.5 billion low-cost homeownership initiative has come under fire after senior ministers refused to confirm whether or not it could be used to buy second homes. A statement issued by the CLG states: ‘The intention of this policy is very clear: to help people get their first home or move home. It is not the intention to help people buy more than one home.’  The statement was released in response to an article in the Daily Telegraph that quoted planning minister Nick Boles as saying the government’s intention is to create a building boom and he ‘couldn’t care who owns the bloody things’.  Read the full statement on the CLG website.

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