Prime Minister Boris Johnson has promised that first-time buyers will only need 5% deposits under a new government scheme – but so far has provided few details. We look at how this might work, and how prospective buyers could take advantage. Article by Nick Green.
A growing number of homeowners are turning to remortgaging to release funds to improve their homes and raise their value. Meanwhile some lenders are seeing remortgagers as a safer prospect than new buyers, resulting in better deals becoming available. Article by Nick Green.
Stark warnings have been issued from lenders and mortgage experts that the property market could soon get much tougher and loans more expensive. But there are still ways for the more shrewd homebuyer to fulfil their ambitions.
The predicted house price crash has been averted – at least for now – by the stamp duty holiday. But many commentators predict the UK’s housing market will change significantly from here on.
The Chancellor has granted a stamp duty land tax holiday to homebuyers in England and Northern Ireland with immediate effect. It means that buyers of homes valued at up to £500,000 will no longer pay any stamp duty on the purchase.
Nearly a third of homebuyers who were mid-transaction when the lockdown began may have lost their exchange deposits as a result – and many more lost their mortgage offers. Can buyers guard against this?
With the reopening of the housing market in the UK, all eyes are watching to see how it responds. If you’re hoping to buy, sell, remortgage or just get on the property ladder, here’s why the coming six months could be crucial.
The government has reopened the housing market in England, so long as all parties maintain social distancing. Here’s what you need to know if your buying, selling or remortgaging your home.
Home-buying has virtually ground to a halt due to the lockdown – but efforts are already underway to get the market moving again. Remote valuation and viewings, and the return of low-deposit mortgages, are among the encouraging signs.
The COVID-19 lockdown has put the UK’s housing market on hold. Find out what impact this could have on you, whether you’re hoping to buy, sell, move home or just remortgage – and how long it might last.
Two interest rate cuts in a single week have brought the base rate down to a record low of just 0.1 per cent. This could be good news for anyone on a tracker mortgage, first-time buyers and those looking to remortgage. Can you benefit?
The 2010s saw the slowest house-price growth since the 90s, according to the Decades Report by Nationwide. With interest rates still low, this means a first home is now more affordable than many believe.
The rental property market has faced many recent challenges besides COVID-19, so is it still possible to make a decent income from buy-to-let in the 2020s? We look at how the market has changed, the main pitfalls and the biggest areas of opportunity and growth.