Industry and Property News

How can first-time buyers get on the ladder faster?

Wednesday, March 15, 2017

Are you thinking of getting on the property ladder this year? It is often a daunting task, but interest rates are currently low and there are government schemes that can help, too. We asked Guild agents across the country for their...

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Guild disappointed by lack of housing news at Spring Budget 2017

Thursday, March 9, 2017

Housing was not a focus of Chancellor Philip Hammond’s first Spring Budget on 8 March 2017. CEO of The Guild of Property Professionals, Iain McKenzie, shares his thoughts on what the government can still do to support the housing...

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Spring Budget 2017 wish list for the housing market

Thursday, March 2, 2017

It’s the last spring Budget. What does Philip Hammond, Chancellor of the Exchequer, have planned for homeowners? How will first-time buyers and landlords be affected? Guild Members share their wish lists ahead of the Budget on March...

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End of Help to Buy

Friday, February 24, 2017

The part of the Help to Buy scheme designed to help first-time buyers with only a 5% deposit to put down has now finished, but there are still deals available to help people with smaller deposits.   The mortgage...

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Halifax Relaxes Interest Only Criteria

Friday, February 24, 2017

Halifax, one of Britain’s biggest lenders, has recently relaxed the criteria borrowers are required to meet if they want an interest-only mortgage. With this type of mortgage, as the name suggests, you only repay the interest...

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Starter Home Initiative

Friday, February 24, 2017

First-time buyers aged between 23 and 40 may soon be able to buy a new home at a discount of a least 20% below market value, under the government’s ‘Starter Home’ initiative.   The properties will start...

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Fee Free Mortgages

Friday, February 24, 2017

Increased competition between lenders has seen the number of fee-free fixed rate mortgages more than double over the past twelve months. According to recent data from Moneyfacts, there were 556 fee-free deals just over a year ago,...

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Spotting an Overpriced Home

Friday, February 24, 2017

Every seller is tempted to overprice their home. They may have carried out lots of work over the years or may need the extra money to trade up.   Buy as a buyer, you want to pay the market price. So how do you spot an...

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