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“…our First Home support scheme represents a welcome and potentially meaningful intervention for the UK housing market, with the potential to improve affordability, stimulate new-build demand and strengthen confidence in future housing supply,” the company…”

“UK house prices flatlined in September, according to a leading index, as rising mortgage costs started to weigh on the market.”

“Initially set at 25% on top of the standard rate, it has since risen incrementally to the current 100% premium, to address local housing affordability.”

“Annual house price growth halved in the UK last month, as economic uncertainty sparked by conflict in the Middle East continued to deter homebuyers.”