13.03.2012 - UK:Can Cameron's new house plan rebuild the market?
It was launched with great fanfare to help first-time buyers but the Government's 1bn scheme may do more harm than good in such a volatile economy. The flat housing market of recent years has thrown up a generation of first-time buyers who can't afford to clamber on to the property ladder. The government has now revealed its attempt at a solution to this seemingly intractable problem. The NewBuy Guarantee, the latest government plan to boost the housing market, was yesterday trumpeted by David Cameron as being "a vital boost to the housing market" which will help up to 100,000 first-time buyers...............................................Full Article: Source
Print