TITLE

Government plans to help FIBs may not be enough

AUTHOR(S)
Scott, Tracey
PUB. DATE
May 2008
SOURCE
Mortgage Strategy;5/19/2008, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the views of real estate executives on the plan of the British government to help first-time buyers with income below £600,000 to buy a share of their home. Mark Vaughan, sales and marketing director at housing association Notting Hill Home Ownership, said that the £600,000 ceiling is too low and owning a house will be difficult. Nicholas Leeming, director of Propertyfinder.com, said that instead of wasting funds, the government should remove stamp duty.
ACCESSION #
32193510

 

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