Latest News

Northern Ireland house prices end the decade showing continuous growth

19 February 2020

The Northern Ireland Statistics and Research Agency have released their findings for the Northern Ireland House Price Index for the period between October and December 2019 and show the positive figures from previous quarters have continued throughout the year. Read More...

Scotland house prices end the year over 2 per cent higher

19 February 2020

The most recent report from the Registers of Scotland has revealed the average house price for a property in Scotland during December 2019 was £151,603, an annual price increase of 2.2 per cent. Read More...

Homes England unlocks Help to Buy: Equity Loan calculator

Tuesday 29 October 2019

Brokers and financial advisers will be better able to check the likely success of their clients Help to Buy: Equity Loan applications, following an update to the Homes England sustainability calculator.

The updated calculator shows customers what they can afford to borrow from the outset, resulting in fewer loan applications being declined after the customer has their mortgage offer.

Help to Buy Director Will German said: “Brokers and advisers play a vital role in helping customers to use and understand Help to Buy. We’ve listened to their feedback and have updated the Help to Buy: Equity Loan calculator to help them do more realistic affordability checks for their clients before they formally apply for their equity loan.

“We have unlocked the calculator so they can see, select and enter the most likely follow- on rate from their recommended lender. They can see immediately if it is higher than the current Standard Variable Rate of 4.8 per cent that we apply and can assess affordability more effectively.”

Help to Buy Guide

Propertymark has a Help To Buy guide covering all aspects of the scheme for buyers.

Help to Buy Guide