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…
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On Wednesday, chancellor Rishi Sunak announced an increase in of £500,000 in the threshold for property stamp duty relief in England and Northern Ireland. The general reaction to the news among the mortgage industry was positive, with the hope that the decision will get the market moving quickly after months of struggles amid the Coronavirus…
Boris Johnson has announced the “most radical” reforms of the planning system since the end of the Second World War, as he pledged to “build a more beautiful Britain”. The Prime Minister pledged to “build better and build greener”, adding: “but we will also build faster”. It will become easier to get permission to turn…
UK residential property transactions in April hit their lowest monthly level since comparable records began in 2005, new figures showed on Thursday. There were 38,060 transactions in April, according to provisional numbers from HM Revenue and Customs (HMRC). This was less than half the level seen in the same month last year, the BBC reported….