High Street lenders are now starting to offer mortgages to borrowers offering a deposit of just 5% under a new government guarantee scheme. The policy, announced in the Budget, is designed to help more first-time buyers secure a home.…
The UK economy has a big problem that has its roots in the 2 year mortgage market…
Over the last few weeks and months you'll have heard quite a lot about inflation in the press or on the television news but you need to beware of unfiltered noise...…
The Turkish lira plunged against the dollar following President Recep Tayyip Erdogan’s decision to replace the country’s central bank chief.…
We are it seems starting to emerge from the grips of the global pandemic that is the coronavirus and for many many families we must remember that it has cost them much more than economic activity. As we start a new week there are some warning signs that we are not out of these woods just yet.…
House builders that carry out repairs on newly built homes need to be more open about what work has been required, according to the chairman of Parliament's Housing Committee.…
Market volatility, US law makers pass $1.9 trillion Covid relief bill, Brent trades over $70 and US 10yr is sat at 1.5%......…
The 2021 budget, certainly as far as the housing market was concerned was a little bit of a none event, as all of the big ticket items had been pre- announced. The stamp duty holiday has been extended by 3 months to the end of June, no doubt enabling more buyers to take advantage of the potential savings.…
The government has announced further details of its new mortgage guarantee scheme during today's Budget. The scheme is set to launch to lenders from April and will allow both first-time buyers and current homeowners to purchase properties up to £600,000 with a 5% deposit.…
![[2nd March 2021] Budget 2021 : Stamp duty holiday extension & 95% mortgages?](/media/2380/_117320758_gettyimages-1284436845.jpg?anchor=center&mode=crop&width=50&height=50&rnd=132593161210000000)
Budget 2021 : Rishi Sunak is expected to announce a range of measures to support the UK economy in the Budget later today. The chancellor will pledge to use the government's full "fiscal firepower" to protect jobs and livelihoods, vowing to do "whatever it takes" to help businesses and people. On the housing front it has been reported that the stamp duty holiday, which is due to end on 31 March, could be extended and a mortgage guarantee scheme to help buyers with just a 5% deposit.…