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Autumn statement offered little for UK’s housing market, say brokers

Posted on 07 December 2012

Brokers have damned chancellor George Osborne’s Autumn Statement as offering little in the way of promises to stimulate the housing market. The allusion to 120,000 new homes was a reference to previously announced projections, while stamp duty taxes remained untouched.
Chadney Bulgin mortgage partner Jonathan Clark says: “we all knew that this statement was going to be more about cuts than spending but despite this, there was little cheer for the housing market………………………………………..Full Article: Source


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