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Access FS comment: “a strong Budget for renting professionals / FTBs”

30 October 2024

Karl Wilkinson, CEO of Access Financial Services, said: “This is a strong Budget for renting professionals who are looking to get onto the housing ladder. The freeze in fuel costs, National Insurance, VAT and income tax is all potentially good news for first-time buyers who are thinking about their first mortgage.

“Still, the huge disparity between salaries and the size of deposit usually required, will continue to make first-home acquisition impossible for many first-time buyers without a zero-deposit mortgage to help them.”