Understanding how lockdown has impacted the UK property market means appreciating what might be coming next. After three national lockdowns because of the Covid-19 pandemic, there’s been a big impact on the property sector. It has been a challenging 12 months for many people since Prime Minister Boris Johnson announced on 23 March 2020 the…
Mortgage guarantee scheme It starts from April 2021 and could revolutionise house buying for first-time buyers particularly – but what does the mortgage guarantee scheme mean for you? Chancellor Rishi Sunak unveiled the new offering in his budget. It encourages building societies and banks to offer mortgages to those who only have a 5% deposit….
After an economically turbulent 2020, what are the predictions for the UK’s house prices in 2021? Firstly, house prices in the UK reached an all-time high in December 2020 of £253,000 but as we entered 2021, some property experts began fearing the worst. This was partly down to the stamp duty holiday that was introduced…
