Return of government support to get on the property ladder announced in the Budget

Return of government support to get on the property ladder announced in the Budget

95% mortgages had virtually disappeared during the pandemic but the new scheme announced by Chancellor Rishi Sunak is set to help those potential house-buyers with small deposits by offering incentives to lenders.

The 'Boris Bounce' in the housing marketThe scheme will run from April until the end of 2022. Several of the country’s largest lenders will be offering these 95% mortgages and will be available to any ‘creditworthy’ household struggling to raise a larger deposit.

Find out more at The Guardian’s article here >

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Chancellor announces stamp duty holiday extends to end of June

Chancellor announces stamp duty holiday extends to end of June

The stamp duty holiday on house purchases has been extended for a further three months, Chancellor Rishi Sunak announced in his Budget.

Savings against property with Walker Beckett MortgagesThe tax break, on the first £500,000 of all sales in England and Northern Ireland, will now continue until 31st June 2021. From 1st July the nil rate band will be set at £250,000 until the end of September.

Rishi Sunak said: “the extra move was to smooth the transition back to normal – and we will only return to the usual level of £125,000 from October 1”.

The change to the scheme which began in July 2020 proved to be a hit with many property buyers and sellers – and was a much needed tonic to a sector hit badly by the pandemic.

It is not too late for those who were stuck in the middle of the buying and selling process and thought they had missed out on this deal. For advice about mortgages, loans and insurance get in touch with Walker Beckett. We would love to help.

Read more > Stamp duty holiday extended to end of June – BBC News

Disclaimer: Please be aware that by clicking on to the above links you are leaving Walker Beckett Mortgages website. Please note that Walker Beckett Mortgages nor HL Partnership Ltd are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

Choice of mortgage deals at it’s highest in nearly a year

Choice of mortgage deals at it’s highest in nearly a year

It’s a great time to look for a new deal on your mortgage

Walker Beckett Mortgages ask should you re-mortgageThere are currently the most deals to choose from since the impact of the pandemic on the economy in March 2020. Encouragingly data indicates the number of deals is at an 11-month high.

This data which is due to be released shortly in the Moneyfacts UK Mortgage Trends Treasury Report, found an array of deals available. A total of 3215 on the market, the most since the 5222 found last March.

Read more in the Moneyfacts article >

Don’t hesitate to contact Walker Beckett Mortgages today to discuss any aspect of house buying and selling. We would love to help. For more advice about mortgages, loans and insurance get in touch with us.

“Steve has handled two successful purchases and a complex remortgage for us in recent years. His approach and service are first class. In order to achieve the best available product for your circumstances and to minimise hassle and delay, I would highly recommend Walker Beckett for their industry knowledge, contacts and processes“ Customer Feedback from David, Basingstoke

Disclaimer: Please be aware that by clicking on to the above links you are leaving Walker Beckett Mortgages website. Please note that Walker Beckett Mortgages nor HL Partnership Ltd are responsible for the accuracy of the information contained within the linked site(s) accessible from this page.

2020: The year of the highest growth in house prices in 6 years

2020: The year of the highest growth in house prices in 6 years

2020: The year of the highest growth in house prices in 6 years

Despite the setbacks that the Covid-19 pandemic has caused to many businesses and economies it seems the housing market has boomed during this time.

Encouraged by that extra time to think about what you really want in a house many changed preferences have led to increased demand for a new home. Policy changes have encouraged this – the furlough and Self Employment Income Support Scheme have given a boost to many, alongside the Stamp Duty holiday and measures to reduce the cost of borrowing money.

Check out this article by the BBC which highlights in more detail how the housing market has ended with ‘a bang and not a whimper’ in 2020.

If you would like any advice with a mortgage, loan or insurance, please don’t hesitate to call us: 07834 882 006. Alternatively, you can send us a message >

10 out of 10 service rating for Walker Beckett Mortgages

10 out of 10 service rating for Walker Beckett Mortgages

“Steve at Walker Beckett has been fantastic start to finish in assisting me with my mortgage. As a first time buyer he took the time to talk through the options and the positives and negatives of each before laying it out clearly so I could make a decision that was best for me. The experience and professionalism helped not just with the mortgage application, but the house buying as a whole and I know for certain that I have saved hundreds (if not more) by using them. Would recommend 10/10“ Customer Feedback: Peter from York

Many thanks for the feedback from Peter, it is always very encouraging when our work is appreciated and great to see another customer get a good deal.

If you would like any help with a mortgage, loan or insurance, please don’t hesitate to call us: 07834 882 006. Alternatively, you can send us a message >