It’s safe to say that there is a fair amount of confusion currently surrounding the mortgage market. Rates have been on the rise as inflation soars, but what does this mean for you?
Read moreThe New Help To Buy Scheme – 2021
A government scheme aimed at helping first time buyers get on to the property ladder has been extended for 2021.
The Help to Buy scheme has been running since 2013, with the aim of helping those unable to afford a deposit for a property. This is done by offering a Government supported equity loan to cover the majority of the deposit.
Read moreHelp to Buy Scheme 2021
The government’s Help to Buy equity loan scheme has been running since 2013 and has assisted over 270,000 people step onto the property ladder.
From 16 December 2020 however, first-time buyers can start applying for the governments new Help to Buy equity loan scheme.
Read moreThe increasing costs of being a private landlord
With the UK State pension being very low, one of the worst in the developed world at approximately 29% of average earned income*, many have and still do look to property investment and rental income as a supplement to this.
*source https://www.ftadviser.com/pensions/2018/02/13/uk-state-pension-worst-in-the-developed-world/
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