Running the numbers on stamp duty and first-time buyers
Idea from the housing secretary
No stamp duty on homes under £300,000
The Prime Minister is set to launch a consultation into a scheme targeting those under 40 who have never owned their own homes.
Mutuals and building societies have doubled their net mortgage lending over the last year, figures from the Building Societies Association (BSA) show.
Mortgage brokers would like to see greater product innovation in the first-time buyer and equity release sectors, according to the latest by IFAonline sister title Mortgage Solutions poll.
Housing minister Mark Prisk has acknowledged older first-time buyers may miss out on the government's Help to Buy scheme.