As part of the government’s “starter homes” plan, people under the age of 40 and looking to purchase a home for the first time can now get up to 20% off the original price. It is an initative which looks to grow the ownership of homes in England and promotes construction on “brownfield” sites.
Countrywide, the UK’s largest property group has warned that the housing market could experience a ‘sluggish’ period in the run up to the general election.
Young families and callow individuals seeking to climb onto the property ladder, can seemingly take heart from David Cameron’s most recent pledge to erect 100,000 new homes whilst also slashing 20% of their sale price.
Government failing to use green tax money to help ‘fuel poor’
The lion share of money acquired from the government’s green tax charges are being ineptly redistributed to the wrong types of household, data from a prominent think tank disclosed yesterday.