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Housing Incentives Archive
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Autumn statement confirms end of stamp duty exemption
This week’s Autumn Statement from the Chancellor was not expected to bring much news for the housing market, but it did confirm that the relief on stamp duty for first time buyers would come to an end in March next year. Stamp duty is normally paid on any property purchase above £125,000 but in 2010, a [...] -
What the papers say- 25th and 26th June 2011
There was widespread coverage in this weekend’s financial press of the new Government FirstBuy scheme, as well as another equity loan deal through Castle Trust. The Guardian looked at the FirstBuy deal, available to qualifying borrowers with a 5% deposit who will be eligible for an equity loan of up to 20% of the property [...] -
Interest free mortgage?
A new proposition was unveiled this week by Castle Trust, a firm that hopes to bring a new type of mortgage to the market and investments that are linked to house price movement. The new ‘mortgage’ will be for 20% of the property value and will not charge any interest or require any monthly repayments. [...]
