A couple have revealed they purchased their first home amid lockdown after one virtual viewing over FaceTime – without ever having stepped foot inside the property. First time buyers Jessica Reoch, 27, an assistant project manager and her partner Gavin Jack, 28, who works offshore for an oil and gas company, from Glasgow, got the keys to … Read more
Boost for first-time buyers as lenders bring back mortgages for borrowers with a 10% deposit By Miles Dilworth For The Daily Mail Published: 22:01 BST, 21 July 2020 | Updated: 23:05 BST, 21 July 2020 Lenders are bringing back mortgages for borrowers with a 10 per cent deposit in a boost for first-time buyers. Nationwide … Read more
MARKET REPORT: Housebuilders on the move as buyers begin to return with average selling prices for their properties holding steady By Francesca Washtell For The Daily Mail Published: 21:50 BST, 9 July 2020 | Updated: 21:50 BST, 9 July 2020 Investors cheered after major housebuilders said a tentative recovery was under way and buyers were … Read more
Home buyers’ have reacted with joy at Rishi Sunak‘s announcement that he will freeze stamp duty. Mr Sunak today said he would immediately raise the threshold on stamp duty to £500,000 until March 31 2021. On the housing market, Rishi Sunak said property transactions fell by 50% in May and house prices have fallen for … Read more
The places where homebuyers could benefit the most from a proposed stamp duty holiday have been revealed, with potential savings of up to £15,000. Rightmove looked at the stamp duty savings for areas in England where people would stand to benefit the most if the Chancellor delivers a stamp duty ‘holiday’ in his so-called mini-Budget … Read more
Data shows banks squeezing out borrowers who can stump up only a 15% deposit for a home By Helen Cahill, Financial Mail On Sunday Published: 21:53 BST, 27 June 2020 | Updated: 21:53 BST, 27 June 2020 Banks are squeezing out borrowers who can stump up only a 15 per cent deposit for a home, … Read more
First-time buyers forced to fall back on family as banks pull big home loans: You now need a 15% deposit to get a mortgage with the Nationwide The number of high loan-to-value mortgage deals on the market remains low First-time buyers currently see their choice of mortgage severely restricted Mortgages that link a loan to … Read more
Hereford is the location attracting the biggest increase in interest from potential homebuyers over the past two weeks, a leading property website suggests. Further north, Wigan, Rochdale, Wilmslow, Scarborough and Bolton have also seen queries from would-be buyers rocket compared to the first two weeks of March, Rightmove’s findings show. The property market across England … Read more
Housing market has its best ever week outside London as buyers flood back after lockdown By Tom Witherow For The Daily Mail Published: 00:05 BST, 15 June 2020 | Updated: 00:05 BST, 15 June 2020 The housing market had its best ever week outside London when buyers flooded back after lockdown, according to figures out … Read more
There is a rise Londoners quitting the capital for more spacious homes in the country following the easing of lockdown restrictions, industry experts have revealed. Property developers and estate agents have both seen an increase in the number of buyers looking to leave their cramped homes in the capital for larger properties – and, crucially, … Read more