WEDNESDAY'S UPCOMING BUDGET NEWS ON HOUSING MARKET
WEDNESDAY'S UPCOMING BUDGET NEWS ON HOUSING MARKET
UK Govt Ministers due to announce a new mortgage guarantee scheme to help buyers on to the housing ladder, a move experts claim is likely to increase house prices.
The scheme, will be part of Wednesday’s Budget, it will allow buyers in England to obtain a mortgage with only 5% of the property’s value to put down as a deposit. The Treasury will guarantee a portion of the loans on homes worth up to £600,000, encouraging banks and building societies to begin providing riskier, higher loan-to-value mortgages again.
Moving home contact:
JWD Removals of Eastbourne 01323 430270
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Online quotes: www.jwdremovals.co.uk/q.htm
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