Mixed response to economy plan

Hayley Claber, of Oystons in Clifton Street, Blackpool.

Hayley Claber, of Oystons in Clifton Street, Blackpool.

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ESTATE agents have given a mixed response to Labour’s plans to kick-start the economy.

Shadow chancellor Ed Balls has called for 100,000 new affordable homes and a two-year stamp duty holiday for first-time buyers.

And Justin Allitt, director of Allitt Estate Agents, welcomed the announcement.

He said: “There’s a need for more social housing and as a community we will certainly benefit.

“I have been calling for a stamp duty holiday for more than a year and this will boost the economy.

But Hayley Claber, of Oyston’s Estate Agents, says Mr Balls’ plan would not work.

She added: “It would be a good idea but I don’t think the answer is to build more homes.

“There are a lot of affordable homes and they should be helping first time buyers by helping them lend money.”