Budget 2011: The housing industry response

FirstBuy Direct Scheme Intermediary Mortgage Lenders Association (IMLA): “The government must see FirstBuy Direct as one of a number of mechanisms to help the mortgage and housing market because it will have little impact in isolation. “We would like to see this scheme used hand-in-hand with other initiatives, such as a review of the Stamp Duty threshold.” The British Property Federation (BPF): "This package broadly makes sense, because it targets home deposits, and is about as much as the government could realistically do in current circumstances. "We would like to have a seen...