19 Mar 2015
Budget Insight: A Pre-Election Political Stunt??

easyProperty

Rob Ellice, CEO of easyProperty, comments on Budget 2015:

“The introduction of a Help-To-Buy ISA (Help-to-Buysa) is, while nice sounding, just a pre-election political stunt that will have no impact whatsoever on the demographic it is designed to support. Even with the maximum top up from the Government, a £15,000 deposit is nowhere near enough to secure a property for the average first time buyer.

“We would have liked to have seen something more constructive for the housing market, including the compulsory licensing of estate and letting agents and property management companies. Anything that makes the industry more fair and transparent and develops confidence in us by our customers is good news, acting as a sturdy foundation upon which to develop a more trusted and attractive sector. Industry-wide regulation would have also created a level playing field in the online versus traditional agent divide; helping to expose the rogue agents who are tarnishing our industry."

 

Rob is available for additional comment. Please contact Becca Dwyer at Good Relations Property on +44(0)20 7861 2579 or via rdwyer@goodrelationsproperty.co.uk.

 

About easyproperty.com
easyProperty.com is the new online estate agency from easyJet founder Sir Stelios Haji-Ioannou's easyGroup. Headed up by CEO, Rob Ellice, the new online platform is designed to shake up a stagnant property sector in the UK, by offering a convenient, transparent and less expensive alternative to traditional estate agency. Giving control back to consumers, easyProperty is instigating an evolution of the property sector.