Action urged to help homebuyers

Updated
Housing estate
Housing estate

First-time buyers struggling to find big deposits should be encouraged back into the housing market with a raft of measures to help them clinch a mortgage deal, a report from businesses has recommended.


The CBI's Unfreezing the Housing Market report called for the introduction of mortgage indemnity guarantees (MIGs) to support first-time buyers, the "lifeblood" of the housing market.

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