Simon Pook, Head of Residential Property
– Yesterday the Government produced its housing white paper. It contains some interesting advantages for First Time Buyers, Tenants and leaseholders. For example, if you are a First Time Buyer and earn less than £80,000 (£90,000 in London) you could benefit from a 20% discount on the price of a starter home.
The Government has finally unveiled its plans to fix the ‘broken housing market’ in a white paper spanning 104 pages.
Among lengthy reiterations of existing housing policy schemes including Help to Buy were proposals to stop developers land banking, try to speed up planning approvals and support the delivery of more homes to rent.
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