No one can predict what will happen to the housing sector after the lockdown. The house prices will rise or not after the lockdown? Since March 27, when the government announced to pause property deals, many buyers and sellers have been left stranded. Mortgage lenders have withdrawn products from the market. The listing, valuing and…
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Mortgage Advice Bureau, Landmark Information Group and Simplify issued a four-step plan to the government to get the housing sector operating after lifting the Covid-19 lockdown. The three firms have together written to the housing secretary, Robert Jenrick, to detail how the government can quickly get the sector operating again and critically, bridge the…
The government is considering extending the Help to Buy scheme. The scheme will enable more people to take advantage of an equity loan to support them onto the property ladder. The Help to Buy scheme offers an equity loan to the first-time buyers and existing homeowners money to buy a newly-built home. Help to…
The biggest property companies of London have warned the chancellor of the risk to financial stability if banks and lenders do not urge to show flexibility towards landlords no longer receiving rent. The London Property Alliance(LPA) represents more than 420 property companies with interests in central London. According to LPA, the “survival prospects” of…