2 January, 2019
A new report out by the Yorkshire Building Society reveals that the number of first time buyers getting a mortgage is at its highest level since 2006. The report also shows first-time buyer levels now represent 50% of all homes bought with a mortgage. To read more on this story, click here.
24 December, 2018
Censeo Financial will not be open for 4 working days overthe Christmas period (24th, 27th, 28th and 31st December). Our offices will be closing at 5.30pm on Friday 21st December andwill re-open again at 9am on Wednesday 2nd January 2019.
20 December, 2018
The Bank of England has voted to keep interest rates at 0.75% after predicting slower economic growth in 2019. This is partly due to the levels of uncertainty surrounding Brexit. The Monetary Policy Committee, which decided to keep rates on hold for the fourth month in a row, also pointed out that commercial bank funding… Read more »
7 December, 2018
Halifax’s latest index shows that annual house price growth has slowed to 0.3% while the average house price in the UK is now £224,578. Says Russell Galley, Halifax MD: “High employment, wage growth and historically low mortgage rates continue to make home ownership more affordable for many, though the need to raise a significant deposit… Read more »
30 November, 2018
The latest figures from Nationwide show that house prices rose more than expected during November. Their latest House Price Index shows that prices increased by an average of 1.9%. However they warned that the continuing squeeze on budgets plus the uncertainty around Brexit means that demand is likely to be reduced next year. For more… Read more »
22 November, 2018
A new survey out reveals that the number of first-time buyers in London has reached its highest level since 2015. According to UK Finance Mortgage Trends, during Q3 of 2018 a total of 11,700 mortgages were completed for this sector of the market. Overall the £3.55bn of new lending was up 6% year-on-year. Click here… Read more »
12 November, 2018
Adam Crawford, Partner and Head of New Build Homes at Prince Evans Solicitors, explains what the Chancellor’s announcement about Stamp Duty Land Tax relief actually means to the shared ownership buyer. STAMP DUTY LAND TAX – FIRST TIME BUYERS’ RELIEF EXTENDED FOR SHARED OWNERSHIP
6 November, 2018
Censeo Financial is pleased to announce an exclusive Shared Ownership mortgage product from Together: 95% Loan to Value – 2-year Fixed Rate – 5.49% Together have been trading for over 40 years and have often been described as a ‘specialist lender’. They prefer to think that everyone can benefit from their common-sense approach to mortgages,… Read more »
29 October, 2018
We’re pleased that the Government has served up a shot in the arm to shared ownership and the property market with a raft of new measures. Philip Hammond announced in this week’s Budget that the Government would be abolishing stamp duty for first-time buyers purchasing shared ownership homes valued at up to £500,000. The Chancellor… Read more »
17 October, 2018
The Government has unveiled new proposals that will see nearly all new build houses sold as freehold. It also plans to cap ground rents on new leases at £10. The measures were announced by Communities Secretary James Brokenshire in an attempt to stamp out unscrupulous leasehold practices. Read more here.