Stamp duty holiday extended!

The government has announced that the temporary stamp duty holiday in England and Northern Ireland has been extended until the end of June.

Then, to smooth the transition back to normal, 0% band increases from £125,000 to £250,000, double its standard level, until the end of September.

5% Deposit mortgages from April for First Time Buyer

Chancellor Rishi Sunak confirmed that the Government will back a new Mortgage Guarantee scheme in a bid to turn ‘Generation Rent’ into Generation Buy’ to help people with a smaller deposit. 

From April, first time buyers will be able to get a mortgage with a 5% deposit to buy a property up to £600,000.

Our indépendant mortgage brokers are on hand to guide you through the mortgage process, if you would like to find out about mortgages including 5% deposit mortgages please get in contact.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Get in touch to find out how you can make the most of the Spring Budget!