With the introduction of the stamp duty holiday, the property market is booming, with sales in October up 52 per cent on last year, but property surveyors, mortgage lenders, conveyancing lawyers and local authorities are all now buckling under the sheer weight of demand. The current stamp duty holiday runs until 31st March 2021, so any house purchase will need …
Government launches new model for Shared Ownership
Housing Secretary Robert Jenrick has announced a new model for shared ownership to help more people onto the property ladder by vastly reducing the minimum initial share, and launching a consultation to ensure new homes deliver the accessibility that families need. The new shared ownership model will reduce the minimum initial share you can buy in a property from 25% …