Window dressing | Analysis | Money Marketing

Window dressing | Analysis | Money Marketing

There is a widely held opinion within the industry that the Government’s attempt to get the property market moving by way of the FirstBuy scheme announced in the Budget will barely even scratch the surface. Gregor Watt reports


Chancellor George Osborne’s Budget contained only two measures concerning the mortgage industry - an extension of the scheme to support mortgage interest payments and a new shared-equity scheme for first-time buyers.

But although Osborne’s stated aim for the Budget was for it to be fiscally neutral, the industry believes the Chancellor could have done more to help revive the housing market.