Look4aProperty.com/money is a £1billion fund which will be used for interest-free loans. These can be used to help buyers and sellers cover unavoidable costs like Hips, legal fees and stamp duty.
Kevin Parson, FNAEA, founder of Parson Estate Agents in Diss and Harleston, said he is delighted to be on board: “This deal offers buyers and sellers in East Anglia the chance to get moving that they simply didn’t have before.
“With the end to the ‘stamp duty holiday’ fast approaching, 2010 is going to get even tougher for people who want to move."
James Caan, chairman of Look4aProperty.com/money will be announcing further initiatives to get the market moving in early 2010: “We are delighted to start rolling out our Money product and to get the cheques written.
“This product will help buyers and sellers all over the UK to finally move into the home they want – and that will help stimulate our struggling economy.”