The housing market is uncertain and can be incredibly daunting. Being able to afford a house or moving up the property ladderappears as an impossible task. With such doubt, mortgagelending has increased within the last year. During October 2017, it totalled £23.1 billion. The mortgage industry [...]
In his new budget plans, Phillip Hammond, Chancellor of the Exchequer, outlined that Stamp Duty will be abolished for all first-time buyers purchasing a home up to £300,000. The incentive is to help first time buyers who are struggling to get onto the property [...]
Young people are more eager than ever to have their own home. There comes a point where living with your parents becomes too stifling. Gradually, you become more independent and you want to break out into the world on your own. Not [...]
The Nationwide Building Society is keen to see Help to Buy ISAs extended by the government as it describes the product as vital in helping people buy their first home. This is even though Nationwide has launched a new Lifetime ISA product. They believe in the [...]
Central London was the focus for many buy-to-let investors, but the competition is now moving to the suburbs of London as graduates shun paying premium rents for something longer-term and more affordable. Rents in central London have risen so fast that in areas such as Camden the average [...]
It is expected that the Bank of England will be putting up interest rates imminently, the first interest rate rise in over a decade. This has resulted in 10 lendersraising their mortgage rates in the same week. With rates being so low for so long may see a scramble [...]
Anyone who purchased their council home using the Right to Buy scheme in Brighton and Hove, may have to sell them back to the council if they are put up for sale. The move is the latest effort by local councils to reverse the housing crisis. [...]
The buy-to-let sector is facing an increasingly tough time as research shows the UKs ranking of the best places to invest in Europe drop considerably in just 12 months. The drop has been blamed on recent changes such as landlords having to absorb 3% stamp duty surcharges on new [...]
Since the 2015 launch of Help to Buy ISAs, over one million accounts were opened helping first time buyers get on the property ladder by saving more than £1.8 billion. The Government led initiative aimed at helping first time buyers to save up to £200 a month, [...]
Online estate agent eMoov.co.uk claims that the average price of a UK property in 2027 will be £346,492, 56 per cent higher than today's average. Since the Brexit vote of 2016, the average house price has risen by 0.37 per cent each month, a dramatic fall from the [...]
