The most significant help for the property market is likely to come from a drop in the rate of inflation.
HMRC has released a report highlighting the effect of stamp duty relief for first-time buyers (FTBs) following its introduction in 2017.
Overall, while rental growth is slowing, the rental market is expected to remain buoyant, with rents continuing to outpace inflation throughout 2024.
A third of property professionals would like to see the reintroduction of Help to Buy or some government-led initiative to help boost the new build sector and first-time buyer marketplace.
Anthony Codling of RBC Capital Markets provides an optimistic view of the current housing market for investors, highlighting the resilience of the market despite challenges.
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First-time buyers face tough task as mortgage product availability dwindles, but buy-to-let investors spoilt for choice.
The UK government is reportedly considering backing home loans that would only need a one per cent deposit.
Average asking prices for British homes made the strongest start to the year since 2020.
