2019

First Home schemes, according to government, will help local people buy their first home. The new First Home scheme will be targeted at key workers to buy their first time buyer house. This is a new first time buying scheme. As the scheme suggests it will be aimed at local first time buyers. We first wrote this article in December 2019, however it has been updated. The First Homes Scheme was launched as...

No deposit options for landlords and tenants, what are they? Saving for a deposit is one of the most challenging things when it comes to looking for a rental property. According to the Tenancy Deposit Scheme, the average rental deposit in England and Wales in 2018 was £1,110 which would be especially hard to save for if you are already renting elsewhere. Deposit free renting with housing associations,...

A property guardian is someone who has agreed to pay a lesser rent to live in an empty property. Their role is to protect and preserve it, usually in higher cost parts of the country. Although a key role of property guardianship is to protect the property, this is just a deterrent and guardians do not act as security. Why do people choose to become a property guardian? There are many different reasons why...

What is a Help to Buy ISA? A Help to Buy ISA is a savings account designed to help first time buyers get on the property ladder. It allows first time buyers who are over 16 to save for a house with a 25% government bonus on top of their savings. Key Facts It’s only available to first-time buyers aged 16 and over You can make a deposit of £1,000 when you open an account as well as £200 for the 1st...

So what is Right to Buy shared ownership? At the 2019 Conservative conference in Manchester, Robert Jenrick announced plans to give housing association tenants the right to buy a share in the equity of their property. The housing secretary proposed that tenants of new housing association properties would automatically have the right to purchase a share starting from as little as 10%. A similar proposal...

Retirement properties, so what are they? We all dream of retirement; no work and more freedom.  Have you considered what retirement properties are and the type of home you will be in when you retire?You may not be aware of the options available to you (or someone close to you). So, we thought it would be helpful to discuss the different types:Retirement properties for sale >Retirement properties for...