Great news about the stamp duty, and though there will always be those who are never pleased, surely the industry as a whole must take time to acknowledge this move as a welcomed measure and one that will clearly benefit the first time buyer.
Leaving to one side the politics of the decision, it is clear the Government is keen to do all it can to maintain the improvement seen within the property market.
Now help has been given to the first time buyer, and as this will make it cheaper for the first time buyer to move, we must all do all we can to ensure Grant Shapps is not allowed to undo all of this good work by proceeding with his illogical policy of scrapping home information packs.
By doing so the money the first time buyer saves on stamp duty would clearly be lost or at least diminished by the added cost the first time buyer would face in having to pay for property searches. As we know the first time buyer saves on this cost, as the searches are included in the HIP.
The removal of the HIP would also see an immediate rise in the legal cost of moving home with certain personal search companies itching to put prices up the moment the HIP goes. Buyers including first time buyers could see legal cost increasing by at least £100 in some areas.
Now the first time buyer has an actual and tangible incentive to proceed let us not allow the political misguidance of the Conservative Party to cause damage to a fragile but fast improving property market.
Leaving to one side the politics of the decision, it is clear the Government is keen to do all it can to maintain the improvement seen within the property market.
Now help has been given to the first time buyer, and as this will make it cheaper for the first time buyer to move, we must all do all we can to ensure Grant Shapps is not allowed to undo all of this good work by proceeding with his illogical policy of scrapping home information packs.
By doing so the money the first time buyer saves on stamp duty would clearly be lost or at least diminished by the added cost the first time buyer would face in having to pay for property searches. As we know the first time buyer saves on this cost, as the searches are included in the HIP.
The removal of the HIP would also see an immediate rise in the legal cost of moving home with certain personal search companies itching to put prices up the moment the HIP goes. Buyers including first time buyers could see legal cost increasing by at least £100 in some areas.
Now the first time buyer has an actual and tangible incentive to proceed let us not allow the political misguidance of the Conservative Party to cause damage to a fragile but fast improving property market.
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