11.03.2013 - UK housing market is stuck on the second step
The entire housing market is facing a logjam as home owners hoping to rise up the property ladder cannot afford the cost of moving. More than half of "second steppers" or first-time sellers believe that new Government-backed schemes such as Funding for Lending and NewBuy will have no influence on their struggle to buy their second home, according to a Lloyds TSB report. Three quarters of this group would like more support from the Government, the research shows, and 86pc want more help from their mortgage lender...............................................Full Article: Source
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