Archive for March, 2013

How the Property World reacted to the Budget

Mixed reactions to the Chancellor’s new schemes. The Chancellor’s £5.4 billion package of financial support to help the housing market announced in the Budget included the launch of two schemes under the Help to Buy banner – ‘equity loan’ (the Government will loan up to 20 per cent of the value of anew build home) [read more…]

Budget Summary 2013

Source: HM Treasury | 20-03-2013 Caught between a rock and a hard place, George Osborne pleaded his case for continued austerity in his fourth Budget whilst maintaining the UK economy was on track to recovery. Overall his budget was fiscally neutral – any tax savings to be funded by decreases in public expenditure. There were [read more…]

More Help for Borrowers…

The Chancellor could offer more help to borrowers with small deposits, says the Sunday Times Teresa Hunter. House builders are expecting the Chancellor to announce a boost to mortgage support schemes in the impending Budget this week. An extension to the flagship ‘New Buy Scheme’ is likely to be announced on Wednesday according to the [read more…]

Divorce: Money and Children…

Divorce is rarely easy or straightforward, but it can be complcated and painful when children are involved, both emotionally and financially. Being prepared when going through a divorce is essential in limiting the pain of these issues and appointing an experienced lawyer will be able to advise you on where you stand in the eyes of the law. [read more…]

Housing Market Continues to Improve…

Says latest survey from the Halifax… House prices rose by 0.5% in February, it said, with property values now 1.9% higher than a year ago. The average property now costs £163,600. Halifax also said housing sales had continued on a ‘modest upward trend’. ET Law Limited are panel members for : Halifax (Lloyds Banking Group products), [read more…]