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The Conservative Government have pledged to remove stamp duty for first time buyers if they win the next General election They will also get rid of the controversial Home Information packs.
George Osborne, the Shadow Chancellor said that the party would exempt first time buyers from paying stamp duty on houses worth up to £250,000. This would not affect anyone buying a second home or re-mortgaging, but would help thousands of first time buyers to get onto the property ladder.
Homeowners facing repossession or needing to release cash in a hurry are being warned against firms promising a quick sale and the chance to rent back their home once sold writes Holly Thomas in the Daily Express
Experts are concerned that some people facing repossession are not receiving the correct advice as sale and rent back schemes are not regulated.
It is vital that homeowners with financial problems talk to their lender and consult an Independent Financial Advisor.
Are you looking to buy a house but cant afford that dream home youve always wanted? Do you have to grit your teeth when you hear people talk about how much theyve made on an "lnvestment" they bought just 5 years ago? lt seems as a nation we are obsessed by house prices. But will this buoyant market continue or are we nearing the peak and set for a decline?