Uncovered documents have shown how the Treasury had advised Chancellor George Osborne against launching the Help to Buy scheme, saying that it will have limited effect on the construction rate in the country. The Treasury reportedly predicted that the equity loan scheme [...]
The results of a survey from the Mortgage Advice Bureau (MAB) into the salaries of people using the Help to Buy Mortgage Guarantee scheme have been released, shedding some light on the trends of the people buying into the market. On average [...]
The government scheme has helped many more people get onto the property ladder, and therefore meant that house building levels have managed to continue rising, according to statistics up to December 2014. There were 41,533 households that were helped into new-build homes [...]
Wales has seen sales of over 2,000 homes through the Help to Buy scheme since it was introduced, but sales numbers have not been uniform across the country, with some areas performing much better than others. Flintshire and Bridgend are some of [...]
The Scottish government has now launched the Help to Buy (Scotland) Small Developers scheme, an extra £30m to bolster the scheme, which was announced last year. The extra money is hopefully going to support as many as 170 small building developers by [...]
Despite initiatives like the Help to Buy scheme, first-time buyers in the country are still having to save for over a decade in order to work up enough of a deposit to purchase their first home, according to research from charity Shelter. [...]
There are fears for building societies, as the mortgage war between the biggest lenders, puts them under high pressure and restricts their market share. In addition, regulation squeezes on home loans have made trading more difficult. The banks are all lending at [...]
Last November saw a weakening in the housing market, according to newly released figures, with the number of mortgages falling by 12.4 per cent, showing the market slowing down heading into winter. The Council of Mortgage Lenders (CML) has been reported to [...]
House builder Taylor Wimpey has entered 2015 with a positive outlook on the housing market, with a 'record' order book that is hopefully a sign of slight improvements in the housing market. In a statement released before the financial year-end results due [...]
There is a huge amount of confusion about mortgages and interest rates among consumers and borrowers, a survey has found, that indicates just how convoluted the housing market is for people borrowing or seeking to borrow to purchase a property. Barclays Mortgages [...]