First-time buyers need average deposit of nearly £59,000, which is £12,000 more than a year ago, study finds First time buyers need £12,000 more for a deposit than this time last year Halifax study found deposit requirement increased in every region of the UK Wales was found to have most significant increase with average amount increasing … Read more
First-time buyers need average deposit of nearly £59,000, which is £12,000 more than a year ago, study finds First time buyers need £12,000 more for a deposit than this time last year Halifax study found deposit requirement increased in every region of the UK Wales was found to have most significant increase with average amount increasing … Read more
Aspiring homebuyers today welcomed the Chancellor announcement that they will receive extra help to get onto the ladder as he pledged a new mortgage guarantee scheme and an extension of the stamp duty holiday. Rishi Sunak‘s fresh initiative will incentivise lenders to provide mortgages to first-time buyers as well as current home-owners with just 5 per cent … Read more
An estimated three quarters of a million home buyers are set to benefit from the Government’s stamp duty holiday, saving themselves nearly £5billion in tax. Around 740,000 people who agreed sales between May and December 2020 have either already taken advantage of the saving, or will do before the deadline, according to property portal Zoopla. … Read more
Homebuyers at risk of missing out on stamp duty holiday could still be thrown last-minute lifeline By Laura Shannon, Financial Mail on Sunday Published: 21:50 GMT, 9 January 2021 | Updated: 21:50 GMT, 9 January 2021 Homebuyers at risk of missing out on the stamp duty holiday could still be thrown a last-minute lifeline as … Read more
Londoners looking to get their foot on the property ladder will be able to find a bargain home along the Metropolitan line where prices can reach as low as £290,000, a new property survey has found. Properties along the line, which serves 34 stations and has the cheapest average house price of any tube line, have … Read more
An estimated 73,950 homebuyers left London in 2020 in a four year high, with people leaving the capital for the commuter belt. It was the highest total since around 78,170 properties were bought elsewhere in Britain by London leavers in 2016. The average London leaver spent £372,860 on their home outside the capital, the research … Read more
Those who want to move home and avoid paying thousands of pounds in stamp duty need to begin their search as soon as possible By Laura Shannon, Financial Mail on Sunday Published: 21:51 GMT, 31 October 2020 | Updated: 21:51 GMT, 31 October 2020 Those who want to move home and avoid paying thousands of … Read more
North Yorkshire’s Ryedale, the Sevenoaks area in Kent and Herefordshire have seen house sales rise by as much as 63 per cent compared to a year ago, according to new research. These countryside locations have been boosted by lockdown demand for increased indoor and outdoor space amid the persistent pandemic. Property website Zoopla looked at … Read more
Misery for home-buyers as banks are set to axe even more mortgage deals Mortgage lenders are preparing to raise rates and tighten their requirements A fall in house and a winter jobs crisis could lead to fewer affordable loans available Experts fear it could mark the end of a ‘mini-boom’ in the housing market By … Read more