Housing round up: Government launch NewBuy mortgage scheme, Interest Only mortgage “time bomb”

Housing & mortgage round upThis week saw the launch of the government’s NewBuy mortgage scheme to help people get onto the housing ladder. The launch came in the same week that a survey showed rental prices were falling and the FSA warned of an Interest Only mortgage “time bomb”. NewBuy mortgage scheme launched Are you looking for mortgage ...

Mortgages: NewBuy mortgage scheme, your questions answered

The government tried to kick start the housing market yesterday when it launched the NewBuy mortgage scheme. But how will it work? Are you eligible? Read on to discover the answers. Are you looking for mortgage advice? Got a question about NewBuy mortgages? Linda Wood, Investment Sense mortgage adviser in Nottingham Contact Linda Wood today: 0115 933 8433 linda.wood@investmentsense.co.uk...

Mortgages: NewBuy scheme starts, 95% mortgages available

The government’s NewBuy mortgage scheme, designed to help people get onto the property ladder, has been launched. The NewBuy scheme, which is available for both first time buyers and existing home owners, will only be available for people who want to buy new build homes with the scheme guaranteeing mortgages of up to 95% of the value of the property. Do you have a question about the NewBuy scheme?...

Housing round up: Spending on birthdays could affect your mortgage application

Housing & mortgage round upIn this week’s housing round up we consider the latest evidence that a lack of supply will cause house prices to rise. We also consider a contrary prediction that house prices will in fact fall over the next two or three years due to a lack of mortgage finance. However we start with a story that one of the UK’s largest lenders will delve deeper into your finances if they are to approve you for a mortgage....