The buyers left behind: Generation rent don’t want 95% mortgages – they want house prices to come down, says VICTORIA BISCHOFF By Victoria Bischoff for the Daily Mail Published: 22:00 GMT, 2 March 2021 | Updated: 22:00 GMT, 2 March 2021 Generation rent don’t want 95 per cent mortgages – they want house prices to … Read more
The gulf between the most and least affordable places to live within different regions of Britain is growing, Nationwide Building Society research shows. Within London, the notoriously expensive borough of Kensington and Chelsea is the least affordable place in the capital to live, when taking into account factors like house prices and average earnings. Within … Read more
As many as 234,000 buyers who’ve had a property sale agreed could save thousands of pounds if the Chancellor’s rumoured three-month stamp duty holiday extension goes ahead. The total amount saved in stamp duty charges if the extension is given the green light in the Budget next week could top £984million, according to online property … Read more
Mortgages needing 10 per cent deposits are continuing to return to the market, in a welcome move for first-time buyers. Lenders have launched 117 new products since the beginning of the year, and 29 in the first two weeks of February alone, according to information website Moneyfacts. These lower-deposit mortgages are popular with first-time buyers, … Read more
Rishi Sunak considers extending the stamp duty holiday to prevent buyers dropping out of home sales if they miss the March deadline The Chancellor fears transactions worth billions are at risk with current deadline He is considering extending the holiday until mid-May to help buyers The current March 31 deadline could cause a ‘completion trap’ … Read more
Rishi Sunak considers extending the stamp duty holiday to prevent buyers dropping out of home sales if they miss the March deadline The Chancellor fears transactions worth billions are at risk with current deadline He is considering extending the holiday until mid-May to help buyers The current March 31 deadline could cause a ‘completion trap’ … Read more
There are several avenues for complaints if your new-build home is defective Until the new code and ombudsman service comes into force – probably later this year – these are the options for homeowners who are unhappy with the quality of their new build. 1. Use your warranty If your new-build is less than 10 … Read more
The proportion of first-time buyers spending more than £1million on their homes has doubled in the past year. Two per cent of buyers spent a seven-figure sum on their first home in 2020, compared to one per cent the year before, according to data from the estate agent Hamptons International. Based on Halifax data which … Read more
It is 35 years since Margaret Thatcher revealed her dream of a society ‘where owning shares is as common as having a car’. Yet despite dogged attempts by the finance industry to get people investing, little changed for decades. For years, car owners outnumbered those with an investment account by almost four to one. But … Read more
It is 35 years since Margaret Thatcher revealed her dream of a society ‘where owning shares is as common as having a car’. Yet despite dogged attempts by the finance industry to get people investing, little changed for decades. For years, car owners outnumbered those with an investment account by almost four to one. But … Read more