Slow Improvements

Nationwide have increased their maximum loan-to-value to 85% for trackers, indicating that they believe house prices have stopped dropping – a good sign for first time buyers to start looking!

It’s also worth noting that the 1% stamp duty “holiday” on houses up t £175k will end on 31st December 2009. It will revert to £125k from then on, unless Alistair Darling changes his mind. So if you were considering buying a house for below £175k, act before the year end – the completion date is what counts, so time is of the essence!

This entry was posted on Wednesday, October 28th, 2009 at 3:57 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.