First time buyers have finances stretched beyond their means, buy to let is attracting fewer investors because of taxes, and affordability has hit a critical level - and much of all that is because of the “disaster” that Theresa May has been in terms of housing policy.
That’s the view of Paul Smith, chief executive of the Haart company embracing six estate agency chains across the country.
“Theresa May’s legacy on home ownership has so far been a disaster. The ‘just about managing’ are further away from owning their own home than they ever have been, and the government’s feeble housing White Paper did not go anywhere near enough to get housebuilders building and the market moving” says Smith.
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