A property market battle has intensified over the last few weeks, with developers making further drastic price cuts and the banks offering mortgage packages aimed specifically at first-time buyers.
The entire property market and, in particular, the first-time buyer sector has been in the doldrums for many months now. The last major flurry of activity at the lower end of the market occurred at the start of 2008,whenpriceswere cut on a number of new homes...
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