Sunday, 4 November 2018

Budget 2018: What Do The Housing Measures Mean?


More help for first-time buyers and plans to create more homes on the High Street have been announced in the Budget. Most first-time buyers of shared ownership properties will now no longer pay stamp duty, under the measures unveiled. Chancellor Philip Hammond said Britain's housing market needs to be fixed, adding it was key to boosting UK productivity and pushing up living standards. The UK is facing a shortage of housing. The number of homes on the market is at a 10-year low and fewer people are taking out mortgages. So what has the chancellor said he is going to do about it? Read more on the BBC website.

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