Help to Buy ISA

A new scheme for first time buyers. Features include for every £200 saved, the government will top it up by £50.

The government hopes that this will enable more first time buyers to join the property ladder and further stimulate the entire market.

Pension Freedom Scheme

The Chancellor revealed the possibility of extending pension freedoms to allow existing retirees to `cash in’ their retirement fund. The Pension Freedom Scheme comes into effect as of the 6th April, allowing newly retired people to draw their pension out in its entirety and re-invest elsewhere.
Some of these funds may find there way into the property market.

Employment and Interest Rates

High employment and low interest rates may encourage home ownership.