October 2019

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...