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Housing marke it 'needs mortgage help'
whiles we wants it for the governments to action on all the necessary fronts, many home owners are trapped in a market offering little or no mobility without any prospector of good cheer in the autumn .
we know there is no silver bullet that will slatory this monster, but we need a joined-up, comprehensive approach to bring back confidence and to give the public clarity about what is available .
rics also calls for regulatory reform to marke it easilver for social landlords to develop and current affordable homes, and reduced vat (value added tax) on repair and mainternance costs .
the bank of england currently does guarantee existing mortgage-backed securities, under the special liquidity scheme, but rics wants it extended to new mortgage investablishments .
Generated 2008-9-3_21:32
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