logo
伦敦 icon
icon 伦敦 icon
新闻与资讯
Real Estate Professionals Call for "Help to Buy" Policy Restoration in Fiscal Budget
二月 18, 2024
Real Estate Professionals Call for 伦敦
By   Internet
  • 都市报
  • Housing Policy
  • Property Policy
  • UK Property
Abstract: A recent survey has shown that over one-third of real estate professionals are urging the government to reintroduce the "Help to Buy" scheme or other government-led initiatives in the upcoming fiscal budget to stimulate the development of new homes and the first-time buyer market. The survey results reflect the urgent need within the real estate industry for government measures to promote housing market growth.

According to the survey results, among other responses, 22% of respondents hoped for a stamp duty holiday/reduction, 17% opted for a reduction in inheritance tax, 16% chose adjustments to stamp duty aimed at reducing spending, while 10% hoped for more support for landlords.


Martin Stones, Technical Services Director at Countrywide Surveying Services, stated, "These results clearly show that the industry is hoping for some additional help from the government to open the doors to more first-time buyers and help address the ongoing widening supply gap, particularly from an affordability perspective. I believe this is applicable regardless of which party is in power. The upcoming budget could have significant implications for the housing and mortgage markets, and we eagerly await to see which key measures will be implemented and their short-term, medium-term, or long-term effects."


The survey also focused on the potential impact of the election and a Labour victory on the real estate market, as well as what housing-related priorities the Labour Party would have if they were to win. In response to this question, 43% of respondents believed that increasing the supply of social housing was the most important. This was followed by improving local government planning processes to increase housing supply (13%), enabling more first-time buyers to own their first homes (11%), and strengthening tenant protections against no-fault evictions (11%).

Real Estate Professionals Call for

These survey results reflect the urgent need within the real estate industry for government measures to promote housing market growth. With population growth and accelerated urbanization, housing supply has become an urgent issue.


For many young people and first-time buyers, high property prices and mortgage challenges make it difficult for them to realize their dream of homeownership. Therefore, professionals hope the government can provide more financial support and related policies through the fiscal budget to stimulate the housing market's development.


Government measures could include reducing homebuying-related taxes and fees, providing homebuying subsidies or loan guarantees, and increasing investment in social housing construction. Additionally, improvements in planning processes and strengthening tenant rights protections can also drive housing market development. These policies will help balance housing supply and demand, promoting a healthy and sustainable real estate market.


The real estate industry and professionals are eagerly anticipating the upcoming fiscal budget. They hope the government will heed their calls and take proactive measures to support the stability and development of the housing market.


At the same time, they are also watching the potential impact of the election results on the real estate market, hoping that regardless of which party is in power, housing issues will be given top priority, providing more opportunities and support for young people and first-time buyers.

留言
icon
请输入您的国籍
+87
不能为空
电子邮件地址无效 电子邮件地址未验证!
icon
欢迎访问 House.com
登录或注册以充分利用您的体验。这也将增加您与经纪人交流的机会。
请输入有效的电子邮件地址。
继续使用 Google
提交即表示我接受House.com的   使用条款
icon icon
验证您的电子邮件
你好 我们刚刚将验证码发送到您的电子邮件中。请检查并在此处输入验证码以继续登录。
验证码错误
没有收到电子邮件?请检查您的垃圾邮件文件夹
icon
banner
Real Estate Professionals Call for "Help to Buy" Policy Restoration in Fiscal Budget
icon 复制链接
icon WhatsApp
icon Facebook
icon Twitter