News
Details of second instalment of Help to Buy finalised
The Chancellor has been meeting lenders and builders this week to finalise the details of the second instalment of Help to Buy. This scheme was unveiled in the March Budget but full details about how it would work have not yet been clarified. Read more »
Baby boomers face struggle to buy or rent a home over next 7 years
Research by the National Housing Federation reveals that the baby boomers of the 1980s to Noughties face a struggle to buy or rent a home over the next seven years. Read more »
Low cost 90% first time buyer mortgage launched
A new three year, fixed 90% mortgage for first time buyers have just been launched by Castle Trust. Read more »
Mortgage News
There is a general consensus that things are improving in the mortgage market, with a strong increase in lending over the first few months of 2013. According to the Council of Mortgage Lenders, mortgage activity in May was one of the strongest since the start of the credit crunch in 2008 Read more »
Rents to high for increasing numbers of people in the UK
According to a new report, private rents are now to high for one third of low income families in the UK. Read more »
Housing market set to overtake 2007 peak
According to a new survey, the number of residential valuations completed so far in 2013 has exceeded the 2007 record, Read more »
Charity warns of affordable housing ‘crisis’
The youth homelessness charity Centrepoint says that the lack of affordable housing England means that there will be a major crisis by 2021. Read more »
Government still ‘underinvesting in building’
A leading charity has attacked successive governments for not investing enough in building homes. Read more »
London house prices now 5% higher than pre-crisis levels – Nationwide
Nationwide’s latest house price index shows that house prices in London are now 5% higher than they were before the Credit Crunch. Read more »
Censeo welcomes Chancellor’s £3bn commitment to affordable housing
Chancellor George Osborne has promised to spend £3 billion on affordable housing and set up a £2 billion a year local growth fund. Read more »