Nova Conveyancing's David Jabbari: Budget backs FTBs but silent on home buying and selling reform

Created Oct 29, 2026 • AI-generated summary

Cherry press release (28 October 2026 Budget) in which Nova Conveyancing CEO David Jabbari criticises the Budget for supporting first-time buyers (ISA fix, new equity loan scheme from spring, council housing funding) while saying nothing about home buying and selling reform. He cites only 5% of homes sold this year having been owned under three years (lowest on record, down from 15% in 2006), and says the June roadmap's commitments to mandatory upfront property information and binding conditional contracts lack a legislative timetable, with agents, brokers and conveyancers still waiting for a delivery date. Membership limited to coverage of this Jabbari/Nova Budget reaction.