Government plans to help FIBs may not be enough

Scott, Tracey
May 2008
Mortgage Strategy;5/19/2008, p8
Trade Publication
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.


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