Newly released data has indicated that the Help to Buy 2 Mortgage Guarantee (HtB2) scheme is helping people with smaller deposits get onto the property ladder. Figures for November have been released by the National Mortgage Index and show that the average [...]
A £5 million mortgage fraud has resulted in three men being jailed and one woman being sentenced to 12 months suspended for two years, with 200 hours community service. Ben Pickering, 35, Paul John, 44, Mark Cainen, 44 and Emma Davey, 34, [...]
A new scheme has been announced; The Starter Home initiative will come into effect in the New Year, the government has announced. 100,000 new build properties are to be offered to people under the age of 40 at with a 20% discount [...]
Lending to first time buyers has hit a seven year high, according to reports. It is thought this is because buyers are increasingly opting for long term fixed mortgages, which can raise the interest rate that they pay, but will protect them [...]
George Osborne, Chancellor of the Exchequer, announced a big shakeup to the housing market in his autumn statement, which could help lots of people, especially first time buyers, acquire their houses for less. Stamp Duty Land Tax (SDLT) is the tax levelled [...]
The Help to Buy Mortgage Guarantee scheme has fallen rather flat in some areas of London, as Camden and Westminster are still on single figure sales using the scheme there. Westminster has had just seven sales through the secondary scheme, and Camden [...]
A further £30 million has been allocated to the Help to Buy Scotland fund, after it ran out earlier this year. Nicola Sturgeon, the new First Minister of Scotland, announced a wide-range of policies and bills in her first Programme for Government. [...]
Latest figures from the British Bankers' Association show that mortgage approvals were 16 per cent lower in October than during the same month last year, with a total of just 37,076 mortgages approved. This figure dropped even further in September, which saw [...]
A drop in the cost of home loans may end up helping those who are coming to the end of their current deal. Those with a five year fixed rate mortgage may want to shop around and consider getting a new mortgage. [...]
A new property scheme may come into play, after MPs call for a 'Help to Move' scheme for those over the age of 60. Retirement housing was tackled by an inquiry, which found that eight million elderly people occupying seven million homes [...]