Viewing category: News
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Government outlaws sale of new homes as leasehold
02 Jul, 2019/ by Homeward Legal /Buyer, First Time Buyer, Sale & Purchase
The Government has announced an immediate ban on selling homes with an unnecessary leasehold and reduced ground rents on new leases to zero.
Read moreFTBs shun flats and choose houses for initial purchase
27 Jun, 2019/ by Homeward Legal /First Time Buyer
new data from the Land Registry suggests FTBs are now targeting a house as their initial purchase.
Read moreMillennials as likely to own 2nd home as baby boomers
24 Jun, 2019/ by Homeward Legal /First Time Buyer
New research has revealed that the numbers of those with a second home, buy-to-let or overseas property has doubled since 2001.
Read moreHelp to Buy ISA closing deadline approaches
11 Jun, 2019/ by Homeward Legal /First Time Buyer
The deadline is fast approaching for new applicants to open a Help to Buy ISA.This Government-backed saving scheme offers first-time buyers up to £3,0...
Read moreFTBs benefiting from falling interest on fixed-rate deals
05 Jun, 2019/ by Homeward Legal /First Time Buyer
Moneyfacts.co.uk says the average two-year fixed rate where an FTB borrows 95 percent of the value of their new home has dropped to 3.25 percent in th...
Read moreHow equity release is funding homeowners in retirement
05 Jun, 2019/ by Homeward Legal /Equity Release
One in five homeowners who uses equity release to access some of the value of their property is now using that cash to boost their retirement finances...
Read moreMP's pension proposal for FTB deposits is dismissed
04 Jun, 2019/ by Homeward Legal /First Time Buyer
A government minister has suggested young people could use their future pension funds to top up their deposit for a first home.
Read moreWhat you need to get a quote for conveyancing costs
31 May, 2019/ by Homeward Legal /Buyer, First Time Buyer, Remortgage, Sale & Purchase, Seller, Transfer of Equity
For example, you might want a quote that includes all the disbursements and additional fees. These are the costs that a conveyancing solicitor is obli...
Read moreMajority of FTBs choosing to leave London for initial home purchase
30 May, 2019/ by Homeward Legal /First Time Buyer
More than half of prime central London residents who left the capital to buy a home were first-time buyers in 2018.
Read more2019 the perfect moment for first-time buyers
17 May, 2019/ by Homeward Legal /First Time Buyer
First-time buyers are in pole position to take advantage of cheap borrowing and stabilising house prices to become homeowners.
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