The recent news that the stamp duty threshold will be reduced next April hasn’t deterred many home buyers. Despite recent news that the stamp duty exemption threshold will be reduced next April, some 95% of homebuyers have said they would be undeterred by the...
First Time Buyers
Thinking of buying your first home? Our in-depth articles will help you get prepared and keep you informed of what’s going on in the market.
Stamp duty changes: what you need to know
The Autumn Budget saw changes to stamp duty relief for first-time buyers. If you’re thinking of buying a property in 2025, what does this mean for you? Last month, Chancellor Rachel Reeves announced in the Autumn Budget that stamp duty changes will be effective from 1...
New Towns offer affordable housing with strong growth potential
According to latest analysis conducted by Halifax, New Towns offer homeowners the potential to benefit from significant price growth, as well as being a great stepping stone for first-time buyers. With the government’s plan to build 1.5 million new homes in England...
What’s the difference between a valuation and a survey?
Not sure the best way to discover the true condition of your dream property? Then read on as we explain the difference between a valuation and a survey and why the latter is beneficial. If you’re buying a property for the first time, the checklist of things to do can...
Lloyds Bank and Halifax raise borrowing limit
New mortgage policy will allow first-time buyers to borrow more… but where will people benefit most from the change? Lloyds Bank and Halifax have announced a new mortgage policy that will allow first-time buyers to borrow up to 5.5 times their income, an increase on...
Hottest spots for first-time buyers revealed
Halifax unveils Britain’s most popular locations for new homeowners and what makes them appealing choices for buyers New research based on data from the Halifax House Price Index, has revealed Britain’s hottest locations for first-time buyers outside of London. While...