Property Ladder: Housing plan boost
Essential news for the first time buyer
Housing experts have welcomed the government’s announcement this week to release unused public land to builders for development on a ‘buy now, pay later’ basis.
Samantha Baden, property analyst at FindaProperty.com, said: “The number of homes being built across the UK is at its lowest point in a generation and this is creating a mix of challenges. For first-time buyers, those on low incomes and those living in high-demand areas, the challenge of buying a home is tougher than ever.” Government must prioritise these areas to boost the number of starter homes, she said.