The Homes & Community Agency announces help for First Time Buyers to get ‘on the property ladder' with the new FirstBuy Scheme.
A new scheme called FirstBuy has been announced, including the housebuilders that will be taking part. A total of £210 million has been allocated during 2011 to 2013 to provide nearly 10,500 new homes for sale in England, with the first time buyer homes expected to be available for sale in September 2011.
FirstBuy works by offering a loan of up to 20% of the purchase price to help prospective buyers secure a property without having to raise the 20-25% deposit themselves. The 20% ‘equity loan' is provided by the Homes & Community Agency and the other half by the housebuilder.
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Thursday, 30 June 2011
Monday, 20 June 2011
How to avoid being stung buying property in a falling market
Tips to Buying a House
In today's market when there is lots of ‘doom and gloom' it is easy to think that this isn't a great time to buy a property. However, a falling market might be the very best time to buy the house of your dreams at a ‘knock down' price as there are less buyers around to hold up the price. So how do you make an offer on a property which ensures you don't get ‘stung' with a property worth less than you bought it for?
READ MORE to find out!
In today's market when there is lots of ‘doom and gloom' it is easy to think that this isn't a great time to buy a property. However, a falling market might be the very best time to buy the house of your dreams at a ‘knock down' price as there are less buyers around to hold up the price. So how do you make an offer on a property which ensures you don't get ‘stung' with a property worth less than you bought it for?
READ MORE to find out!
Tuesday, 14 June 2011
How to Haggle in the Current Property Market
How do you buy a house?
The current market is back in the doldrums and when the property market is falling, past experience tells us it's a great time to bag a bargain and buy a house at a discount that you are unlikely to get in the coming years. Follow my step by step guide on how to buy a property by haggling down the price.
Steps to haggle in the current property market
The current market is back in the doldrums and when the property market is falling, past experience tells us it's a great time to bag a bargain and buy a house at a discount that you are unlikely to get in the coming years. Follow my step by step guide on how to buy a property by haggling down the price.
Steps to haggle in the current property market
Monday, 6 June 2011
How do you get the best deal when buying a house?
If you want to buy a property at a discount or get a great deal versus the real value of a property, then you'll need to be a cash buyer. In other words, you will need to physically have the cash in the bank. It is possible to be considered as a cash buyer if you haven't a property to sell but still need a mortgage, but unfortunately since the credit crunch even a mortgage agreement in principle isn't a guarantee you'll secure the money.
Want to know how to secure a property for a discount or via a quick sale? READ ON!
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