Is helping 'House movers' the best way to re-ignite the property market?
In the last 5 years the government has put a real emphasis on helping first time buyers in an attempt to salvage and stabilise the property market - the idea is by helping first time buyers purchase properties that are on the market this creates a knock on effect of purchases.
The Council of Mortgage Lenders has now put forward comments stating that for first time buyers to really benefit and get on the market the property stock levels need to be higher and for this to happen they need to help 'house movers'...move.
With more property on the market there is more choice for first tme buyers inevitability allowing the prices to stay realistic and no run away due to lack of supply and over competition.
For more info follow the link below...http://www.propertyindustryeye.com/help-to-move-cml-calls-for-support-for-movers/