Friday, August 15, 2008

Government efforts in the UK

Efforts are being made by the government to help the UK housing market by introducing a “rent now buy later” housing plan.

To encourage first-time buyers, housing minister Caroline Flint has announced a plan in which households bringing in earnings less than £60,000 will be able to rent a property at a discounted rate for two or three years in order to save up a deposit.

The main aim of this scheme is to help first-time buyers step onto the property ladder.

With lively cities such as Birmingham (one of MRI’s regions!) rich in culture, shopping and nightlife contrasting with beautiful villages and a landscape abounding with lush green hills, dales, and a rugged coastline, it is not surprising that the UK has been an inspiration to poets and artists for centuries.