Late First-Time Homebuyers: Trends and Challenges Revealed
As property prices surge, an increasing number of individuals are deferring their inaugural home purchase until their 50s or later. A mortgage specialist conducting an analysis of Financial Conduct Authority (FCA) data uncovered a noteworthy 29% surge in Late First-Time...
Challenges in UK Property Market: Buy-to-Let Concerns Amidst Changing Dynamics
In the ever-changing UK property market, landlords are expressing concerns over shrinking buy-to-let profits. A recent survey sheds light on the worries of over 60% of landlords, highlighting the challenges faced in the rental sector. The survey reveals a significant...
First Homes Scheme | Discount For First-Time Buyers in the UK
The article explains the "First Home Scheme for First-Time Buyers" in England, offering a 30% to 50% discount on property market value. It covers eligibility criteria, the role of developers and independent surveyors, Stamp Duty Land Tax calculations, and restrictions...
Using First Time Buyer Relief to Overcome Down Payment Hurdle
This article talks about various UK first-time buyer programs, such as the First Homes Scheme, Right to Buy, Help to Build, regional incentives, and Mortgage Guarantee, all aimed at simplifying the home-buying process.
Applicable SDLT Rates for First Time Buyers
This article talks about the First Time Buyers Initiative, a key component of the Home Buy program. Eligible first-time buyers can enjoy a 30-50% discount on affordable homes, and those aged 18 or older securing a mortgage for at least...
First Time Buyer Relief: Understanding Tax Credits and Deductions
As a first time buyer, we want you to make the best decision possible, and of course, that includes maximising your savings with the help of the First Time Buyer Relief.
Tax Relief for First Time Buyers–Understanding the Rules in the UK
Are you buying a property for the first time? Learn about the possible tax reliefs that you could be entitled to in order to maximise the benefits.
A Complete Guide on First Time Buyer Relief
Learn about everything that you would need to know about Stamp Duty Land Tax as a first-time buyer.
