Three-quarters of home buyers in the capital taking
advantage of government loan used maximum amount allowed. Three-quarters of
homebuyers in London using the government’s Help to Buy loan scheme borrowed
the largest amount possible during the last three years. Data from MHCLG showed
that of the 15,623 homes bought in the capital since the beginning of February
2016, when the government boosted the upper limit of the Help to Buy loan for purchasers
in the capital to 40%, 11,783 – 75% – were made with a maximum loan. And across
England, the 52,268 Help to Buy deals in the year to June 2019 represented a 6%
increase. Read more on Housing Today.
Legal aid fees to rise by at least 10% for immigration and housing work
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Ministers to make announcement after lawyer action over low rates in
England and Wales, which have caused backlog
Ministers are to announce at least a 10...
3 hours ago
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