ALMOST one in five Scots households will be paying 3% stamp duty when they buy a property by the end of the decade, according to Bank of Scotland.
Category: Property
This Is Money: Half Of Graduates Cannot Buy
High house prices and mounting debt have left more than half of all graduates struggling to get a foot on the property ladder
Motley Fool: Five Lessons From Playing Poker
We play games because they can teach us things about real life. For example, by playing Monopoly you can learn a bit about property investment, even if it is impossible, in real life, to own the whole of Mayfair, Park Lane or Regent Street.
MoneyExpert: Mortgage Lenders Gauge ‘ability To Pay’
When considering how much to lend, many mortgage companies consider a consumer’s ability to repay, rather than income multiples, according to analysts from moneyfacts.co.uk.
This Is Money: Mortgage Equity Withdrawal
The Daily Mail City team explain the background to the fall in the amount of cash being borrowed against rising property values
This Is Money: House Price Growth To Slow
House prices jumped 1% in September, but the rate of growth is expected to slow with higher household costs hitting property demand
This Is Money: The Rise Of The Buy-to-let Millionaires
The booming property market has created an army of buy-to-let millionaires with a portfolio worth an average £1.5m each
Motley Fool: Charging Orders
We’re probably all familiar with the line “Your home may be at risk if you do not keep up with the repayments” which applies to debts secured against your home. A mortgage is just one example of a secured debt — it prevents you from selling your home without paying back what is owed and the lender can force the sale of your property if you fall behind with repayments. It’s why The Motley Fool favours unsecured loans because then you’re not risking losing the roof over your head.
Scotsman: There Is No Place Like A Home For Priced-out Buyers
‘TOTO, I have a feeling we are not in Kansas any more.” How many of us feel like Dorothy in The Wizard Of Oz, as if we have arrived in a strange land, when we view property ads in glossy magazines?
MoneyExpert: Young Londoners Feel Mortgages Are Far Off
Over a third of young people in London do not expect to be able to leave home until they are over 25, new research from Engage Mutual Assurance reveals.