Mortgages: Controversial Help to Buy to launch this week

David Cameron Gives His Keynote Address At The Conservative Party ConferencDavid Cameron has announced that the second phase of the Government’s controversial Help to Buy scheme will be launched this week, three months earlier than originally planned. The Help to Buy scheme was originally announced earlier this year in George Osborne’s Budget and has been launched in two parts. The first phase provided help to buyers of new homes, by giving them access to a shared equity loan of up to 20% of the purchase price, providing they were able to ...

Housing round up: Surveys show house price rises, another lender increases their SVR

Housing & mortgage round upTwo house price surveys published this week have shown a rise in prices. The data will leave many people confused after last week’s survey from the Nationwide which showed a fall in prices, read on to discover why there might be a difference. Another mortgage lender has increased their Standard Variable Rate for existing borrowers, whilst those people looking for a new mortgage could see the choice of mortgage products reduced....