The latest news and information on mortgages, the property market and other financial matters.
The Chancellor’s budget has confirmed the extension of the stamp duty holiday to the end of June, as well as a higher nil band rate from July. The stamp duty holiday has been extended to 30 June 2021. In his budget announced earlier today, Chancellor Rishi Sunak...
The stamp duty holiday was due to expire on 31 March, leaving many buyers unable to meet the deadline and benefit from the saving. According to The Times, there’s good news to come in the Chancellor’s budget next week… A story published today has claimed that the...
Prices dropped slightly in January and it’s not yet known whether the stamp duty holiday will be extended. Yet it could still be a good time to move house. Here’s why we need to keep things in perspective… Last year, Britain’s GDP (the monetary value of goods and...
The government has been under pressure from MPs and campaigners to extend the stamp duty deadline which expires on 31 March. There are rumours of an extension on the horizon. Are you in the middle of a property purchase and worried about whether you’ll make the stamp...
You may have heard in the news there’s been talk of negative interest rates being introduced in six months’ time. So what would this mean for you and will it actually happen? We’re currently in a recession due to the impact of the pandemic, but we’re being told that...
There has been pressure on the government from MPs and the property industry to extend the stamp duty holiday. Will there be an extension and if not, how much will you have to pay in stamp duty after 31 March? On 1 February MPs had a debate in Parliament about whether...
The government’s new 95 Per Cent Mortgage Guarantee Scheme launched on Monday 19 April 2021. The aim of the scheme is to make more 95 per cent mortgages available to those with smaller deposits. First-time buyers can apply but you don’t have to be one to be eligible.
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