The number of first time buyers is 22% up and a seven year high, says the Halifax and helped by high loan to value mortgages.
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Category Archives: Home Movers
The Council for Mortgage Lending (CML) has released new figures showing mortgage lending has reduced over the last four months.
Data from the Office of National Statistics (ONS) shows house prices outstripping inflation even though the market is off the recent peak.
New scheme launched by Prime Minister offers 100,000 new build homes to first time buyers with 20% discount but affordable homes suffer.
The stamp duty reforms introduced by the chancellor George Osborne are expected to boost house sales by 2-5% says Rics.
The Council for Mortgage Lending (CML) has released new figures showing mortgage lending has reduced over the last four months.
Plans by both the Labour and Liberal Democrat parties would impose a mansion tax for properties worth £2 million or more if they win the election.
New CML data shows a dip in mortgage lending to first time buyers as Savills predicts house prices in London to stall next year.
The Bank of England to cool home loan market by limiting the number of people borrowing four and a half times their income.
The proposed mansion tax may deter wealthy investors from buying costing government revenue and is focused on London properties.