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News

Concern over whether Help to Buy Mortgage Indemnity Guarantee Scheme will boost the housing market

13 May, 2013

Former Council of Mortgage Lenders Director General says the Government’s £130bn Help to Buy mortgage indemnity guarantee scheme is unlikely to gain support from lenders and boost the housing market. Read more »


Increased reservations for new homes following launch of Help to Buy

10 May, 2013

Barratt has reported an increase in reservations for its homes following the launch of the Government’s Help to Buy scheme at the start of last month. Read more »


Call for a land value tax to help deliver ‘house-building revolution’

9 May, 2013

A think-tank has launched a paper calling for a land value tax to help deliver a ‘house-building revolution’. the Centre for Labour and Social Studies suggests this could replace business rates and stamp duty and should be levied on all land except where it lies under people’s homes. Read more »


Little change in house prices during April

3 May, 2013

House prices changed little in April, declining by 0.1% compared to March, after taking account of usual seasonal effects. Read more »


Important news about interest-only mortgages

2 May, 2013

Lots in the news today about interest-only mortgages. The Financial Conduct Authority has published its research into consumers’ ability to repay these mortgages when they mature. Read more »


Halifax makes changes to its product range

1 May, 2013

Halifax has made the following changes to its product range: Read more »


Concerns over Government’s intervention in the mortgage market

30 April, 2013

The Chairman of the Council of Mortgage Lenders Nigel Terrington has highlighted concerns that the Government’s intervention in the mortgage market could amount to no more than throwing money in the wrong direction. Read more »


Buying a property ‘back in reach’ for first time buyers

29 April, 2013

A piece in today’s Daily Telegraph talks about how there are signs that more first time buyers are looking to buy their own homes, five years after the crash in the mortgage market. Read more »


Funding for Lending Scheme to be extended by a year

25 April, 2013

It was announced this week the the Funding for Lending Scheme is to be extended by one year. Read more »


Concern over Help to Buy

23 April, 2013

There is concern that the Government could face ‘large losses’ under its Help to Buy scheme because it has failed to take into account the “unintended consequences” of the scheme. Read more »


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