The cities where first-time buyers save deposits fastest – and two where it takes 25 YEARS

First-time buyers in Vaduz, Bern and Copenhagen can save up for a home the quickest, according to a new report – while those in Zagreb and Monaco could have to wait a whopping 25 years. The research by housebuilder Barratt Homes, which used statistics from the Numbeo global index, looked at how fast people could … Read more

Pandemic pushes older homeowners into thinking about downsizing sooner

Pandemic pushes older homeowners into thinking about downsizing earlier than planned By Money Mail Reporter For The Daily Mail Published: 22:00 GMT, 19 January 2021 | Updated: 22:00 GMT, 19 January 2021 The pandemic has pushed nearly two million older homeowners to think about downsizing earlier than planned, new figures reveal. The survey of those … Read more

Hope for home buyers? Petition forces parliament to debate six-month extension to stamp duty holiday

Hope for home buyers? A 110k-strong petition forces parliament to debate a six-month extension to stamp duty holiday The tax break, which saves buyers up to £15,000, was due to end on 31 March  More than 100k sign a petition calling for an extension to September  This means that MPs must debate the issue in … Read more

Santander joins mortgage lenders turning off the tap for self-employed with new 40% deposit rule

Santander has become the latest lender to impose harsher restrictions on self-employed borrowers, excluding them from its lower-deposit mortgage deals.  The bank has said that new self-employed customers will only be offered mortgages to cover a maximum of 60 per cent of a property’s value. That means self-employed first-time buyers and most home movers will … Read more