• Home
• News
• About Us
• Contact Us
• Buy Legal Documents
• Take on my case

Posted by Mark Cunningham

Anyone looking to buy or sell a home in the near future looks set to benefit from more stability in terms of the cost of housing in the UK.

According to housing minister Grant Shapps, who was speaking in an interview with the Observer recently (January 1st 2011), the government has now recognised the "enormous pain" that price increases can inflict on those looking to get on the property ladder.

Mr Shapps added that it is "horrendous" that first-time buyers have to wait until an average age of 36 prior to purchasing a home without the help of their parents and stated that the country needs an era of "house price stability".

However, while Matt Griffith, spokesman for Priced Out, believes this represents an "important cultural shift" within the government, he added that costs must be lowered before they are stabilised as "on any historical measure, house prices are still much too expensive".
 

06/01/2011 16:10