Halifax to pay stamp duty on homes worth up to £250,000

HalifaxRecent research carried out by Halifax has revealed that 40% of all property purchases in 2012 were made by first time buyers. On the back of this research, Halifax has announced they are to pay the full stamp duty for first time buyers, on homes worth up to £250,000, in a further push to get more people onto the property ladder. The special deal begins today, and will run until the 7th July and is available on a range of Halifax ...

OFT issues warning over quick house sale companies

iStock_000011825116XSmallThe Office of Fair Trading (OFT) has confirmed they will be launching a new study into the quick house sales market. The research is aimed at individuals who have used or considered using quick sale firms and the OFT has already contacted over 50 companies as part of their new study, who have been asked to provide information regarding their business models and practices. The OFT has a number of concerns: Unclear fee structures, for example charging unexpected fees after an initial valuation Cutting the proposed ...