01.12.2011 - Boosting UK housing market may not benefit homebuilders
The government announced a clutch of steps on Tuesday to boost Britain’s ailing housing market and increase home ownership – but analysts are divided as to whether homebuilders will count among those to benefit. Chancellor George Osborne's Autumn Statement included plans to reinvigorate the right to buy scheme; underwrite mortgages for 100,000 young families; and launch a £400 million fund to enable housebuilders to construct up to 16,000 homes...............................................Full Article: Source
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