England
UK Government to push ahead with more new home building on brown belt land
The UK Government is to provide more for new home building with developments being fast tracked on brown belt land such as abandoned shopping centres, derelict rail stations and run down town centres. Communities Secretary Sajid Javid announced details of a £5 billion fund to help build more than 250,000 homes with £2 billion going […] The post UK Government to push ahead with more new home building on brown belt land appeared first on PropertyWire . Continue reading →
UK flagship Help to Buy mortgage guarantee scheme to close at end of 2016
One of the UK Government’s flagship schemes aimed at helping first time buyers onto the housing ladder will close at the end of 2016, it has been confirmed. The Help to Buy mortgage guarantee will close for new loans at the end of December with the move receiving some criticism despite the fact that it […] The post UK flagship Help to Buy mortgage guarantee scheme to close at end of 2016 appeared first on PropertyWire . Continue reading →
Stress tests for UK buy to let mortgages set for start of 2017
Landlords wanting a buy to let mortgage in the UK will face tougher rules from lenders from next year but only for certain products it has been confirmed. But buy to let mortgages with terms of less than five years, or rates fixed for five years or more, are not to be subject to the […] The post Stress tests for UK buy to let mortgages set for start of 2017 appeared first on PropertyWire . Continue reading →