The buy to let market, which is thriving currently, is set to take a hit after Chancellor George Osborne's 2015 Budget announced it will clamp down on the market in an attempt to make the house market more equal. Commenting on the [...]
New research by Ocean Finance has said that the Help to Buy scheme is the most popular way for first time buyers to get onto the housing ladder. Answers from 628 respondents found that half of first time buyers would be open [...]
There has been a lot of criticism about the new regulations placed on mortgage lenders to stop them from handing out money irresponsibly to people who may struggle to pay it back, and forcing the lenders to strictly scrutinise all prospective customers. [...]
An expert has commented on the Help to Buy scheme and expressed his opinions that it has only helped a few lucky first time buyers, but made the market more inhospitable for all others. Matthew Pointon of Capital Economics has been reported [...]
Latest research has indicated a boost in buy to let sales, while first time buyer activity has dropped. There was a big rise of 33 per cent of buy to let valuations in May this year, compared to the same month in [...]
Interest on mortgages has edged its way to be the lowest on recent records, according to figures released by the Bank of England. Down from 3.26 per cent in the last quarter of 2014, the average interest rate of a home loan [...]
The combined total of the Help to Buy scheme sales is approaching the 100,000 mark, new figures have shown. The Help to Buy scheme is split into two main parts, the Help to Buy Equity Loan, which came into play first, and [...]
Despite Help to Buy Scotland funding running out alarmingly quickly for this financial year, house building in the northern section of the UK is on the up. 2014 saw a 16 per cent increase in private-sector home building, with the Scottish Government [...]
Despite the numbers of Help to Buy sales numbering into the tens of thousands, there are still a shocking amount of post codes which haven't seen the benefits of the scheme. Across the UK, there is an excess of 400,000 homes which [...]
The Right to Buy scheme will be extended under the current government, it has been announced. The Right to Buy scheme was brought in by Margaret Thatcher in the 1980s, and was somewhat controversial. Today's Conservative government are going to extend this [...]