House building firm Redrow has recently warned that we could face an imminent house availability crash, as the Help to Buy scheme loses its momentum. The chairman of the company, Steve Morgan, said at Redrow's Annual General Meeting recently that the demand [...]
One of the biggest problems facing first time buyers is the large sum required for a deposit. Trying to save such a quantity of money, often tens of thousands of pounds, while keeping up with rent and other bills, is a major [...]
Recent statistics from NHBC showed that the number of homes registered in Scotland rose by 9 per cent from July to September 2014. While this is good news for the Scottish housing market things will change next year when the Help to [...]
Evidence has emerged from the Council of Mortgage Lenders (CML) showing that the lending rate is decreasing, and therefore the housing market is being less stimulated. As interest rates are expected to spike next year, with house prices still high, house buyers [...]
House building needs to be stimulated in order to bring down the inflating prices of houses and match the demand. This is what Mark Clare, head of building giant Barratt Developments said that is what the firm wants to do, but the [...]
The Help to Buy scheme ran out of funding very quickly in Scotland for the year 2014-15, and the same could well happen for 2015-16, so there will be a stricter cap on eligible house prices for next year. In an attempt [...]
Renters are giving up on the hope of ever being able to afford their homes, according to a recent survey into potential mortgage borrowers. Santander Mortgages looked into how hopeful current tenants felt about their prospects of ever being able to buy [...]
There was a drop in the number of mortgages granted to potential homeowners over the summer, this being the first drop in the rate of mortgage lending for more than two years in the UK. It is thought that this drop could [...]
The Bank of England has once again shown its support for chancellor George Osborne's Help to Buy scheme, saying that the Financial Policy Committee (FPC) believes that the flagship scheme is not risking the financial stability of the housing market as some [...]
A £400 million Rent to Buy plan is set to become the newest addition to the government's efforts to stimulate the housing market, giving young people the chance to rent properties at a 20% discount for up to seven years while they [...]