Latest news and views tagged First-time buyers
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There could be some further good news for potential homebuyers from an unexpected source.
Following on from the Government’s recent introduction of a new-build indemnity scheme to help purchasers...
The Chancellor’s Autumn Statement: good and bad news for homebuyers
There was good and bad news for homebuyers in the Chancellor’s recent Autumn Statement.
The introduction of a new-build indemnity scheme, aimed at increasing the supply of affordable mortgage finance...
Cornwall to trial a new shared equity scheme for first-time buyers
Getting more first-time buyers onto the property ladder is something that this (and the previous) Government have been trying to do for the past few years. The Coalition Government’s new FirstBuy Scheme...
Are we heading for a housing crisis?
Well according to a number of property organisations and commentators, we could be.
The National Housing Federation (NHF) has warned that over the next ten years, home ownership in the UK will fall...
First-time buyer scheme set to be launched in September
Back in April, I wrote that the Chancellor had announced the launch of a new FirstBuy loan scheme, designed to help first-time buyers get a foot on the property ladder. Full details of the scheme are here.
Through...
Government launches FirstBuy scheme for first-time buyers
The Homes and Communities Agency (HCA) has published the FirstBuy Prospectus, which outlines how the new equity loan scheme to assist eligible first-time buyers will work.
In the recent Budget, the...
Most interesting Stamp Duty news
I was going to call this simply "Stamp Duty news". But that's not the most exciting topic ever. Unless you are buying a house.
Or unless you are me.
So on to the news:
1. ...
The Budget: how does it affect residential property?
On Wednesday, the Chancellor published his Budget Report and Plan for Growth. So what’s in store for residential property.
1. Assistance for first-time buyers
The Government announced that it will...
Stamp duty rise: what will it mean for the housing market?
From the 6th April 2011 the new 5 per cent rate of stamp duty will apply to acquisitions of residential property in cases where the purchase price exceeds £1m.
There are some exclusions to this and...
Housing giant Barratt offers help to first-time buyers
It has been reported today that Barratt, one of the biggest UK property developers, is launching what could prove to be a highly controversial scheme.
We have all seen an increase in parents helping...