UK mortgage guarantee scheme set to expire amid silence on replacement plan
The UK’s mortgage guarantee scheme, helping thousands of first-time buyers access 95% mortgages, is due to end this month with no confirmed replacement from the government.
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The UK’s mortgage guarantee scheme, helping thousands of first-time buyers access 95% mortgages, is due to end this month with no confirmed replacement from the government.
UK house prices rose in May, reversing April’s decline and signalling that the soft patch following the end of the stamp duty holiday may have been just a temporary blip.
Taylor Wimpey España is calling on British investors to take advantage of the growing popularity of off-plan property purchases in Spain, pointing to rising demand, early price security and the potential for capital gains as key selling points.
The UK housing market is enjoying its strongest spell of activity since the pandemic-era “race for space,” with estate agents reporting a surge in buyer interest and sales agreed reaching a four-year high, according to new data from property portal Zoopla.
A building with significant redevelopment potential in the heart of St Andrews, one of Scotland’s most desirable investment locations, has been brought to market by Shepherd Chartered Surveyors.
The UK housing market is experiencing a notable uptick in price reductions, with more than 100,000 properties having their asking prices cut in April alone, according to new data from property analytics firm TwentyEA.
A second lender in under a week has entered the no-deposit mortgage market, with Gable Mortgages launching a 100% home loan targeted at first-time buyers and renters struggling to save.
Interest from American buyers in UK homes has surged to its highest level since 2017, according to new data from Rightmove, as growing uncertainty over President Trump’s economic policies prompts a rise in enquiries.
UK rents fall by 1.8% as supply rises, while unsold sales stock hits highest level since 2013, driven by slowing demand after stamp duty changes, Home.co.uk reports.
UK house prices rose 0.6% in May to a record £379,517, driven by a surge in new listings before stamp duty changes, Rightmove reports, marking five years of gains.