Almost 70,000 first time home buyers will benefit from the United Kingdom getting rid of the stamp act. The Help to Buy Scheme has also been very beneficial for home buyers in the UK. The average age of a first time home owner is lower in people using the Help to Buy Scheme. The government is focused on trying to mend the broken housing market. The IMLA and other industry stakeholders would appreciate some affirmation of government support of continuing the program.

Read more: Almost 70000 first time buyers benefit from stamp duty abolition in UK