Game of Loans – is winter coming for homebuyers?

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. Getting on the property ladder has never been easy for first-time buyers. However, soon it might feel as … Continue reading “Game of Loans – is winter coming for homebuyers?”

Rishi Sunak announces Stamp Duty holiday

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. In a bid to boost a housing market still in shock from the COVID-19 … Continue reading “Rishi Sunak announces Stamp Duty holiday”

Thousands of homebuyers lost deposits in property freeze

The property market shutdown earlier this year proved especially painful for buyers nearing completion. In a recent survey by Butterfield Mortgages of over 1,300 homeowners and would-be homebuyers, three in 10 buyers said they had lost their exchange deposit as a consequence, due to the shutdown taking place after contracts had been exchanged. If this … Continue reading “Thousands of homebuyers lost deposits in property freeze”

Property market health check: how will house prices move?

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 opened the starting gate on the UK housing market, and … Continue reading “Property market health check: how will house prices move?”

So can I move home now?

The government has announced that the housing market in England can reopen this week, with some restrictions still in place. Here’s what buyers, sellers, renters and remortgagers need to know. Having been put on hold since the beginning of April, the property market has been given the green light – in England, anyway. People will … Continue reading “So can I move home now?”

The UK property market freeze – what it means for you

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. The UK government has defied King Canute, and held back the UK’s most powerful tide: the property … Continue reading “The UK property market freeze – what it means for you”

What does 2020 hold for the mortgage market and you?

There is no doubt that the property market has been affected by ongoing economic and political uncertainty. However, despite hesitation from buyers and vendors, resulting in reduced activity in certain areas, recent research indicates that the property market over the next 12 months shows signs of resilience1. Sales volumes are expected to stabilise, whilst prices … Continue reading “What does 2020 hold for the mortgage market and you?”

Get your Finances on track in 2020 with these Healthy Habits

After the excesses of the festive season, many people are looking to get fit and shape up for the New Year. Of course, improving your lifestyle is a worthy goal, but don’t forget that it’s also a perfect time to whip your finances into shape. So, as well as hiring a personal trainer, why not … Continue reading “Get your Finances on track in 2020 with these Healthy Habits”

Bank of Mum & Dad still paving the way to property purchases

Children are still relying on financial assistance from their parents to get their foot on the property ladder. For ‘Generation Rent’, becoming a homeowner is harder than ever, meaning that the Bank of Mum and Dad continues to play a significant role. Parental support has become so vital, in fact, that the Bank of Mum … Continue reading “Bank of Mum & Dad still paving the way to property purchases”