As predicted yesterday the government has announced they intend to end to section 21 no fault evictions in England. More details from the government will follow.
The Daily Mail are reporting that the government will shortly release their rental reform white paper.
It is expected to propose changes to things such as no fault evictions and the keeping of pets.
Watch this space for updates!
The help to buy scheme is due to close end of March 2023.
Introduced in 2013 to help home buyers purchase brand new properties with only a 5% deposit with a further 20% being loaned to them from the government. The 20% was an equity loan and the amount due to paid back rises and falls if the value of the house changes.
Its sister scheme, the help to buy ISA closed to new applicants in 2019 with the 25% bonus still payable as long as a house is purchased using the scheme by 1st December 2030.
We are yet to see if the schemes will be replaced but this is definitely something to bear in mind if you are a first time buyer planning to purchase a new home on a 5% deposit!
I hope everyone is looking forward to the long weekend. We will be here but a little less than usual.
Thursday 10am to 1pm
Friday 10am to 1pm
Saturday usual hours
At Aldreds we are proud to be a locally owned and managed company operating on the East Coast since 1857!
However, although we are local to the area you don’t miss out with us on a national coverage for your home. Through our membership of the Relocation Network we are affiliated to approx. 630 other estate agency offices nationwide helping our clients relocate. However, the network also gives us access to buyers relocating here meaning that you can rest assured you property is being exposed nationwide. Especially to those buyers relocating from areas where house prices are higher such as London and the South East.
If you are thinking of selling your property call us now to discuss how are nationwide network can help you sell your property for the best price!