A month prior to the release of the maiden budget of the new Indian government we released a report titled Is it the dawn of the Indian real estate sector, and surely it was.
Tagged – ‘budget’
The moves to boost mortgage lending will be welcomed among potential buyers struggling to gather a deposit of the size currently demanded by many mortgage lenders.
The boost to the housing market announced by the Chancellor in the Budget is primarily aimed at helping prospective buyers who are struggling to gather a deposit.
Despite the £3.5 billion boost to the housing market announced today by the Chancellor, the official forecast confirms a fall in housing transactions and stamp duty receipts between now and 2018 compared to those expected as recently as December.
Three things in life are certain; death, taxes and the fact that pre-budget speculation is almost always wrong.