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What does 2010 hold for the first-time buyer?

5 March 2010 | Sarah Wilkins

We have all heard the encouraging news in relation to the housing market improving, but what is the reality? First-time buyers have had a notoriously hard ride obtaining mortgages, with many lenders requiring...

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New model leases for shared ownership properties

1 comment 8 February 2010 | Sarah Wilkins

A new model shared ownership lease aimed at creating more certainty for lenders and more clarity for purchasers of New Build HomeBuy property has been created by the Homes and Communities Agency (HCA). The...

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What is the difference between shared equity and shared ownership?

2 comments 8 February 2010 | Sarah Wilkins

You are not alone if you are not sure of the differences between shared equity and shared ownership.  So what is shared equity? You purchase a property and own 100% of it, but you obtain a mortgage...

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Staircasing – how to purchase further shares in your shared ownership property

28 January 2010 | Sarah Wilkins

Maybe you are considering buying a property or have already purchased a property on a shared ownership basis and want to understand a little more about what you can do in the future. Staircasing - what...

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MyChoice HomeBuy – assisting first-time buyers with an equity loan to ‘top up’ the purchase price

27 January 2010 | Sarah Wilkins

MyChoice HomeBuy is a government financed homeownership scheme that enables buyers to get their foot on the housing ladder by choosing and buying a home of their own on the open market with the assistance...

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Homebuy Direct: A lifeline for residential developers and first time buyers alike?

1 comment 27 January 2010 | Fiona Neilson

The past two years have seen an increase in shared ownership schemes offered by developers, as they seek to assist first time buyers in getting their foot on the property ladder. In addition to the...

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