One of the country’s leading entrepreneurs has launched a multi-million pound facility to kick-start the housing market - and estate agents will be at the heart of the solution.

Dragon’s Den star James Caan, famous for using his own money to give fledgling businesses a foothold onto the first rungs of commercial life, now wants to help ordinary people climb the property ladder.

Caan is backing a funding package to take the pain out of buying and selling a home. The fund will offer interest-free loans to cover unavoidable costs such as Stamp Duty and legal fees, which is a multi billion pound market.

Access to the loans will be through a network of carefully selected estate agents across the UK. Caan claimed the scheme is all about getting liquidity back into the property market.

This entry was posted on Friday, September 18th, 2009 at 9:52 am and is filed under Housing Market, Mortgage, Mortgages, Stamp Duty, house price. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.