Business · Economy · 2 hrs ago

Bellway chief warns Burnham's first-time buyer scheme could slow housing market

Bellway chief warns Burnham's first-time buyer scheme could slow housing market

Bellway chief executive Jason Honeyman warned that a new first-time buyer scheme could affect the housing market.

The scheme, called Your First Home, is associated with Burnham.

Buyers may delay purchasing until it launches, Honeyman said.

He warned that this could slow the property market further.

The concern is that some people might wait for the scheme before deciding whether to buy.

The source gives no details about when the scheme will launch or what happens next.

What people are saying

Jason HoneymanBellway chief executive
until Your First Home is launched, buyers could delay purchasing decisions, slowing down the property market further.
via This is Money (Daily Mail)

Sources

Related news