The home

Lack of financial backup planning endangering households

Taking action to secure a financial backup plan? 1 in 5 households would not survive financially if they lost their main source of income through unexpected circumstances.

Parents loan £5 billion to children each year

Looking to help your child purchase their first home? Parents will loan an estimated £5bn in 2016, according to research from Legal & General.

‘Granny flat’ exempt from SDLT surcharge

Annexes for an older relative will be exempt from the new stamp duty land tax rates which came into force on 1 April 2016.

Stamp duty changes come into effect

New stamp duty rates for people investing in buy-to-let property and second homes came into force on 1 April 2016.

Starter home plan announced

Housing sites of 10 homes or more will need to make 1 house in 5 a starter home under new plans published by the government.

Scotland Help to Buy scheme launched

A new Help to Buy scheme has launched, providing interest-free equity loans to first-time buyers and people moving home in Scotland.

Stamp duty tax changes concern for joint buyers

The 3% higher rate stamp duty land tax on second homes and buy-to-lets coming into effect 1 April 2016 could adversely impact parents buying jointly with their children to help them into the housing market.

Buy-to-let purchases increase ahead of stamp duty changes

An increase in buy-to-let purchases ahead of the stamp duty changes from 1 April 2016 is raising prices.

London Help to Buy scheme launches

The new Help to Buy scheme for London has launched, allowing residents to buy a new home with a 5% deposit and a mortgage as low as 55%.

Buy-to-let continues to rise

Buy-to-let lending decreased towards the end of last year, but overall was substantially higher than the previous year, according to the Council of Mortgage Lenders.

Syndicate content