The government has promised to fund £1.3bn to deliver up to 45,000 homes as part of a plan to boost the “green economy” through the Green homes Grant scheme. The Ministry of Housing, Communities and Local Government claims that the investment will create up to 85,000 new jobs. More than 300 so-called “shovel-ready” projects in…
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The government is planning to extend the Help to Buy scheme due to purchase delays caused by the pandemic. Delays in UK housebuilding caused by the pandemic have forced the government to consider to extend its help-to-buy scheme. The chancellor is considering whether to back a proposal supported by the housing minister, Robert Jenrick and…
TSB Bank has revealed the details of several mortgage rate changes that it announced on 22 July. The changes concern a selection of product transfers, which have received rate cuts of up to 0.15 per cent, and residential mortgages. For two-year fixed rates for purchase, changes include: the 60 per cent LTV with £995 fee…
Nationwide has announced that it is planning to restart its mortgage product range to include 90% LTV for first-time buyers. First-time buyers will be able to to get a Nationwide 90% LTV deal from Monday 20 July 2020. However, the deals will be available direct from the building society or through a mortgage broker. The…