Mortgage Indemnity Scheme to help first time buyers

12 March 2012

The Government has today announced the launch of its new mortgage indemnity scheme to assist first time buyers and developers in a bid to boost the new homes market. Click here for the full story.

Jonathan Neilan, Real Estate Partner at Quastel Midgen, comments “we do not see this as market distortion and it is a welcome, if small, filip, for developers, although the biggest hurdle for  construction growth remains development finance”.

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