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PRE BUDGET REPORT: FIRST TIME BUYERS NEEDED MORE

01 December 2008

Following the Pre Budget Report, Peter Bolton King, Chief Executive of the National Federation of Property Professionals, said:

“The Chancellor should have listened to the clamour of professional opinion and seized this opportunity to tackle stamp duty. A suspension would have given a real boost to first time buyers, who everyone recognises are key to market recovery.

“The National Federation of Property Professionals welcomes other measures announced – the lenders’ agreement not to initiate repossession proceedings until three months have passed, the extension of empty property relief and the £775m for regeneration and new housing.

“However more must be done - we now call on the Government to bring forward a number of important proposals from the Crosby report and to work closely with property professionals in any and all consultations between now and the budget.”


Our kind appreciation on prompt and helpful information on the sale of our property.

Mr & Mrs G

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