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The Government has pledged to postpone stamp duty for those on shared ownership schemes until they own 80% of their home.
Today's Budget announcement by chancellor Alistair Darling, contained a number of points concerning affordable housing. In addition to suspending Stamp Duty payments for those on shared ownership schemes until they own 80% of their property, Darling also pledged to extend key worker shared equity schemes to people who can afford to buy 50% of a property. Previously, potential homeowners had to be able to afford 75% of the property in question to participate in the scheme.The truth about house prices
We are constantly bombarded with, often conflicting, information regarding house prices. Paula John provides a round-up of the major indices, explaining why they differ.
The July/Aug issue of Your Mortgage is on sale now. In it we explain who now owns which UK banks and building societies; the ins and outs of interest-only mortgages, who they are appropriate for and the options for paying them off; we explain how offset mortgages work and how you could use one to make the most of your money, and why buying property overseas right now could be a smart move – if you look in the right place and arrange the right finance. Get your copy for the latest news, information and help.
The Your Mortgage Awards aim to reward those lenders that have excelled in providing innovative and competitive products. Widely regarded as the UK's definitive consumer mortgage awards, the Your Mortgage Awards have now been running for 20 years.





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