Tag: first-time buyers
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Britain’s biggest housebuilder urges government to back first-time buyers
Industry calls grow louder as market cools Britain’s housing market has slowed in recent months, and the leadership of one of the country’s largest housebuilders has stepped forward with a pointed request. Jennie Daly, chief executive of the developer, said the government must implement renewed support for first-time buyers to shore up demand and stabilise…
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Britain’s Biggest Housebuilder Urges Government to Back First-Time Buyers
Context: A Cooling Market in a Shadow of the Budget The sale of new homes has cooled in Britain, a trend many industry leaders attribute to the looming budget and the broader economic climate. Jennie Daly, chief executive of one of the country’s largest housebuilders, says the sector needs targeted government support for first-time buyers…
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First-Time Buyers Call for Government Support to Revive UK Property Market
Industry pressure grows as UK property market cools The property market in Britain has cooled in the shadow of the forthcoming budget, prompting calls for targeted help for those trying to buy their first home. The boss of one of the country’s largest housebuilders has stepped forward with a clear message: the government should announce…
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Reeves’s UK property tax changes could reshape the housing market
Introduction: What’s at stake for UK housing? With the political spotlight on housing policy, Deputy Prime Minister and former chancellor candidate Rachel Reeves has signaled a potential reshaping of UK property taxes. Among the proposals circulating in policy circles is the expansion of capital gains tax (CGT) to apply to main residences, along with other…
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How Reeves’s UK property tax changes could reshape the housing market
What the reforms could look like Prime Minister Reeves has signalled a shift in how property is taxed, with several ideas under consideration aimed at addressing wealth inequality, housing supply, and tax efficiency. The most talked-about proposal is to expand capital gains tax (CGT) to apply to gains on main residences, alongside reforms to how…
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Why First-Time Homebuyers Are Aging Out of the Market (And What It Means for Housing Policy)
Sunken Start: The New Reality for First-Time Buyers For years, the dream of owning a home has felt within reach for many, especially young professionals starting families. But a combination of persistently high prices, rising mortgage rates, and tight supply has frozen a large share of would-be buyers. The result is a notable shift: first-time…
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Why First-Time Homebuyers Are Aging Out of the Market—and What It Means for You
The New Reality for First-Time Buyers For years, aspiring homeowners faced a challenging but navigable path to homeownership. Today, that path is widening in age, cost, and competition. The housing market is revealing a persistent trend: first-time buyers are getting older as they wait for the right opportunity, while the overall pathway to ownership tightens…
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Aging First-Time Buyers Signal a Shift in the U.S. Housing Market
Introduction: A Market in Flux For years, housing market reports painted a picture of young couples and hopeful families sprinting toward homeownership. Today, that vision is changing. The National Association of Realtors (NAR) has highlighted a growing trend: first-time buyers are aging, with many delaying purchases due to high prices, rising mortgage rates, and tighter…
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Conservatives pledge Stamp Duty abolition on primary residences to boost home ownership
Conservatives promise stamp duty abolition for primary residences The Conservative Party has announced a policy to abolish stamp duty on the purchase of primary residences in England and Northern Ireland, a move designed to bolster home ownership and bolster the party’s economic credibility ahead of the next general election. The pledge would see buyers pay…
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Tories pledge to abolish stamp duty on primary residences announced by Kemi Badenoch
Executive summary In a policy-focused speech at the Conservative Party conference, housing and equality minister Kemi Badenoch laid out a bold proposal: abolish stamp duty on primary residences in England and Northern Ireland for purchases over £125,000. The pledge, part of a broader plan to boost the economy, aims to make home ownership more attainable…