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Negative equity warning as property market booms


Negative equity warning as property market booms
It is important for buyers to be patient and wait for the right opportunity to purchase rather than trying to beat the deadline.
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Mortgage experts are warning buyers to beware of negative equity as property prices soar in the scramble to catch the stamp duty holiday.
They fear the value of homes could drop later in the year leaving new homeowners owing more than their house is worth, at least in the short term, especially if they have taken out a 95 per cent mortgage. ....

David Mcgrail , First Mortgage , First Time Buyers , டேவிட் ம்க்கிரைள் , முதல் அடமானம் , முதல் நேரம் வாங்குபவர்கள் ,

LGBTQ+ Alliance to Host First-Time Homebuyer Event — RISMedia

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Homebuyers get a 'LIFT' from updated Scottish Government scheme


Homebuyers get a LIFT from updated Scottish Government scheme
The LIFT scheme enables eligible buyers to get a government contribution towards the price of a home
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The LIFT scheme is open to first-time buyers, current social tenants, people with a disability, and those aged over 60 in need of a home (Image: Link Housing)
More Scottish homebuyers are getting onto the property ladder thanks to changes to the Scottish Government’s LIFT (Low Cost Initiative for First Time Buyers) Open Market Shared Equity (OMSE) scheme.
Changes to the LIFT scheme, which allows buyers to get between 10% and 40% towards the price of a home purchased on the open market, mean applicants are no longer restricted on the size of property they can buy, as long as they meet the financial criteria and the property is large enough to avoid overcrowding. Price thresholds have also increased in 26 local authority areas. ....

Glasgow City , United Kingdom , More Scottish , Scottish Government , Low Cost Initiative , First Time Buyers , Open Market Shared Equity , Special Features , கிளாஸ்கோ நகரம் , ஒன்றுபட்டது கிஂக்டம் , மேலும் ஸ்காட்டிஷ் , ஸ்காட்டிஷ் அரசு , குறைந்த செலவு முயற்சி , முதல் நேரம் வாங்குபவர்கள் , திறந்த சந்தை பகிரப்பட்டது பங்கு , சிறப்பு அம்சங்கள் ,