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Rishi Sunak Pours More Fuel On U.K.’s Scorching Housing Rally

Chancellor Rishi Sunak unveiled a fresh wave of support for home buyers across the U.K., adding further fuel to one of the economy’s only bright spots during the pandemic. The government postponed the deadline for a tax break on purchases for six months, and set out plans to enable buyers to put down a smaller …

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New mortgage guarantee to help buyers with 5% deposit

There will be a major boost for first-time buyers in next week’s Budget with the return of 95% loan-to-value mortgages. The new mortgage guarantee scheme designed to help first-time buyers with 5% deposits onto the housing ladder will be unveiled by Rishi Sunak on Wednesday. To read the full article, click the link below: https://propertyindustryeye.com/new-mortgage-guarantee-to-help-buyers-with-5-deposit/

The Chancellor Considers ‘Extending Stamp Duty Holiday by Six Weeks’

Rishi Sunak is said to be considering a six-week extension to the stamp duty holiday to allow more time for existing deals to be completed. The chancellor is considering a limited extension through to mid-May to prevent thousands of homes sales from falling through, the Telegraph reported. To read the full article, click the link …

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U.K. Mortgage Approvals Post Best Year Since 2007 on Tax Cut

The stamp duty holiday, which allows buyers to save as much as 15,000 pounds ($20,000), propelled the housing market into high gear even as the coronavirus crisis sent the wider economy into its deepest slump for three centuries. Take advantage of the Stamp Duty Holiday and check out a Martin Homes property now! To read …

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Will the new help-to-buy scheme get first-timers on the property ladder?

The government’s revamped programme will be targeted at new buyers with a small deposit. It could be a lifeline. The original help-to-buy equity loan scheme was launched in 2013 and runs until March. Almost 280,000 homes had been bought using it by last summer. All Martin Homes developments are eligible for the government’s Help to …

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Hassocks: The Sussex Village Where More People are Buying Houses Than Anywhere Else

People are queuing up to move to Hassocks – and it’s easy to see why! With more people working from home and lockdown wanderlust running wild, an escape to the country might seem more appealing than ever. This is certainly the case when it comes to Hassocks, a large West Sussex village a few miles north of Brighton. To read …

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