Construction Industry Welcome ; Budget 2008 in Association with Deloitte
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Summary
THE Chancellor's announcement that he has identified space for an extra 70,000 houses has been welcomed by the construction industry as it looks to recover from a slowdown in the property market.
The Budget delivered a raft of new measures to increase house- building as well as help more people on to the property ladder, such as reducing the minimum buyer-funded portion of shared-equity schemes to 50% and applying stamp duty only when that portion exceeds 80%.See the full content of this document
Extract
Construction Industry Welcome ; Budget 2008 in Association with Deloitte
Alistair Darling also called on mortgage lenders to offer longer- term fixed-rate mortgages to tackle the uncertainty felt by first- time buyers as a re...
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