A new mortgage guarantee scheme was announced this spring, with the goal being to help first-time buyers and aspiring home movers purchase a home with a smaller deposit.…
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House prices are 7.1 per cent above their level a year ago as the boom continues. The latest house price index, from the Nationwide, says it’s still the stamp duty holiday driving business.…
Predicting the property market is never easy. No one could have forecast the events of 2020 prior to them happening. However, it's hard to argue against solid data and with pent-up demand brewing amongst house hunters being reported across the country, it's likely that another boom is on the cards.…
London’s residential market appears to be showing renewed signs of life thanks to the rollout of the government roadmap and vaccine - not to mention the stamp duty holiday extension.…
Chancellor Rishi Sunak says the stamp duty holiday will be extended from March 31 to June 30; "and then, to smooth the transition back to normal, the nil rate threshold will be £250,000 until the end of September." …
Despite the stamp duty holiday extension stealing the headlines in this afternoon's budget, the other major announcement for the property market was the confirmation of the new mortgage guarantee scheme, set to launch from April.…
Rightmove estimates an additional 300,000 property transactions in England could benefit from the extension to the tax saving, based on previous HMRC data. If the additional 300,000 transactions made it through, buyers could save £1.75 billion in total.…
New research by lettings and estate agent, Benham and Reeves, has revealed which London boroughs are currently ranking as the home selling hotspots of the capital, based on the number of homes listed for sale per square kilometre.…