MPs argue for extension to stamp duty holiday – but anxious buyers get no update from Government

MPs from both main parties have argued for the extension of the stamp duty holiday, to allow people who are already in the process of buying a home to benefit from tax savings of up to £15,000. The issue was debated in a virtual House of Commons session yesterday, which saw the majority of the … Read more

With just over two months remaining, how can home buyers beat the stamp duty deadline?

With the stamp duty holiday set to end on 31 March, some home buyers are pushing to complete their purchases in order to benefit from a tax saving of up to £15,000.  The threshold for paying the tax was increased in July last year from £125,000 to £500,000 in England and Northern Ireland, in an … Read more

The cities where first-time buyers save deposits fastest – and two where it takes 25 YEARS

First-time buyers in Vaduz, Bern and Copenhagen can save up for a home the quickest, according to a new report – while those in Zagreb and Monaco could have to wait a whopping 25 years. The research by housebuilder Barratt Homes, which used statistics from the Numbeo global index, looked at how fast people could … Read more

Hope for home buyers? Petition forces parliament to debate six-month extension to stamp duty holiday

Hope for home buyers? A 110k-strong petition forces parliament to debate a six-month extension to stamp duty holiday The tax break, which saves buyers up to £15,000, was due to end on 31 March  More than 100k sign a petition calling for an extension to September  This means that MPs must debate the issue in … Read more

Rightmove warns 100,000 buyers on track for unexpected stamp duty bill

Average asking prices for homes started to fall in the past month, as sellers look to lure in buyers before the end of the stamp duty holiday on 31 March, according to new findings. Asking prices fell by £2,887, or 0.9 per cent over the past month, property website Rightmove’s new data has revealed. The … Read more

Coventry Building Society brings back 10% mortgages, in boost for buyers seeking low-deposit deals

Coventry Building Society becomes latest lender to bring back 10% mortgages in a boost for home buyers seeking low-deposit deals UK’s second-largest building society is re-entering 90% loan-to-value market  These mortgages are popular with first-time buyers and movers with low equity  Low-deposit products were pulled by almost all lenders in 2020 due to Covid  Providers … Read more

Experts reveal their top 10 tops for first time home buyers 

Many aspiring home owners were able to boost their savings during lockdown, as they avoided expensive commutes and fast food lunches – however, experts claim there is more to getting on the property ladder than having a large stash of money.  Property experts from around the UK shared their top tips for first time home … Read more

Experts reveal their top 10 tops for first time home buyers 

Many aspiring home owners were able to boost their savings during lockdown, as they avoided expensive commutes and fast food lunches – however, experts claim there is more to getting on the property ladder than having a large stash of money.  Property experts from around the UK shared their top tips for first time home … Read more