Reita: majority of IFAs want Government intervention on housing market

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More than half (57pc) of IFAs want the Government to intervene in the housing market in order to prop up investor confidence in property, according to a survey by Reita.

Of these, two in five (43pc) said the state of the housing market was having a 'major' impact on clients' confidence to invest. Just 6pc said there was no discernable impact on confidence. Dave Butler, head of external affairs at Reita, said: "IFAs are clearly keen to see some sort of government action, in order to support the UK's residential housing market. And whilst it is clear that many people feel anxious when house prices are stable or falling, we also have to balance this with the knowledge that, probably just as many people voiced concern that the market, in the past few years,...

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