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Residential Property Shared Ownership Is Changing to Become More Accessible to First-time Buyers

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The COVID-19 pandemic has made stepping onto the housing ladder even harder for first-time buyers, with a 12% fall between July and December 2020, but the changes to the shared ownership scheme means it could now increase the number of first-time buyers in...

The UK property market is very much alive, with the number of £1m first-time buyers doubling

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It seems as though fears for the UK property market during the early stages of the pandemic may have been premature. Research from Hamptons reports that over 6,000 first-time buyers spent over £1million on their first home in 2020 - which is...

First time buyers could be given up to 50% of the cost of a new build home

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A new government-backed scheme - called the First Homes Initiative - has been launched, which will help first time buyers to get on the housing ladder. Under the scheme, buyers will be offered a minimum discount of 30% (or up to 50% if there is local...

The role of a separation agreement in Bill and Melinda Gates' civil divorce

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After 27 years together, Bill and Melinda Gates announced their decision to part ways on 3rd May 2021. In the days that followed, it quickly became public knowledge that the couple had made a separation agreement to organise their affairs. Separation...

Mortgage guarantee scheme to bring back 95% mortgages

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As a part of the March budget, Chancellor Rishi Sunak announced a new mortgage guarantee scheme, designed to make home ownership more accessible for first-time buyers and home movers across the UK. Under the terms of the mortgage guarantee scheme , the...

Will the Stamp Duty holiday extension revive the housing market?

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In January, houses prices in the UK suffered their biggest fall since April 2020, which raised concerns that the housing market was set to lose momentum ahead of the initial Stamp Duty holiday deadline of 31 March 2021. According to national mortgage...

Guidance for moving home during third lockdown

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The start of 2021 saw the UK enter into a third national lockdown, in an attempt to mitigate rising levels of COVID-19 cases. Unlike the first lockdown of March 2020, the housing market has been allowed to remain open, which will come as a great relief to...

Free divorce advice for Good Divorce Week 2020

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30 November – 4 December 2020 is Good Divorce Week , an initiative run each year by leading family law network Resolution . As a Resolution member, our family law specialist Ismotara Begum will be offering free 30-minute divorce consultations for...