by Taryn Johnston | Mar 5, 2021 | Mortgages
Following newspaper headlines over the weekend, the government has confirmed that it will be offering a mortgage guarantee scheme. The mortgage guarantee scheme is designed to encourage lenders to lend mortgages of up to 95% loan to value (LTV). Virgin Money said it...
by Taryn Johnston | Feb 25, 2021 | Mortgages
The stamp duty holiday will be extended for three months until the end of June at next week’s Budget, according to reports. The Times reported today that chancellor Rishi Sunak will make the change in a bid to keep the property industry moving. Many industry...
by Taryn Johnston | Feb 11, 2021 | Mortgages
The number of mortgages on the market has risen to 3,215, according to Moneyfacts – the widest choice seen since March 2020’s count of 5,222. It is also the largest four-monthly rise, at 42 per cent, (counted from October 2020) since 2007. In what should be good news...
by Taryn Johnston | Jan 5, 2021 | Mortgages
Last night, Prime Minister Boris Johnson announced another national lockdown, which has already come into force and is expected to last until mid-February. However, the property industry is to continue operating, with estate and letting agents remaining open, house...
by Taryn Johnston | Dec 17, 2020 | Mortgages
The average number of prospective buyers per estate agent branch was 580 this November, says NAEA Propertymark. This is 29 per cent increase on a monthly basis and is the highest number recorded since August 2004, when 582 were counted. In addition to this, the...