Wednesday, 25 April 2012

Grant Shapps: Help To Get Boxed-In Generation Up The Property Ladder | eGov monitor | The Information Daily

Grant Shapps: Help To Get Boxed-In Generation Up The Property Ladder | eGov monitor | The Information Daily

The boxed-in generation - people unable to upsize their home but who have also outgrown their first property - will for the first time benefit from support to help them move up the housing ladder, Grant Shapps said today. In a speech to housebuilders, the Housing Minister argued that a generation of first time buyers and families with children are unable to do what their parents did and move homes as their needs grow.
A recent survey from Findaproperty.com found that almost a third of parents find their current home is too small to accommodate their family - rising to 40 per cent for younger families where the parents are aged between 18 and 34.

Government action to help the boxed in generation.

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