Budget 2013 - Help to Buy
We are pleased to see the Chancellor recognise the importance of housebuilding to the economic and social health of the country by providing further support for the industry and homeowners in his 2013 Budget announcement.
As availability of finance has continued to be a barrier for those wishing to get onto or up the property ladder, we welcome the launch of the new Help to Buy initiative and are delighted that we will be able to offer this to our buyers.
The launch of this initiative should help break down the barriers to finance further by increasing the supply of low deposit mortgages to a wider range of people within the housing market.
Removing the equity burden on housebuilders is also an important step as it will enable us to free up funds so that we can continue to invest in new land and building, creating jobs and much needed new homes at the same time.
Chris Endsor
Chief Executive
Miller Homes