New £5000 Deposit Scheme Set to Help First-Time

A new scheme allows first-time buyers to borrow up to 99% of a property’s value, enabling first-time buyers across England, Scotland and Wales to purchase a property with a deposit as low as £5,000. This deposit can purchase a property valued up to £500,000. This scheme will help first-time buyers step onto the property ladder with a more affordable and easily saved deposit, aspiring to help ‘generation rent’.

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February 2023 Property Market News

Interest rates have risen yet again, average asking prices have increased by their smallest margin on record for February, and one major online estate agent has put itself on the market.

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Rates drop to under 4%

February saw a surge in mortgage availability, with the best offerings since August 2022 cropping up – and that’s not all. Fixed-rate mortgages at below 4% have made their way back onto the market for first time since September of last year! now is an ideal moment to explore what could be possible; read on and find out more!

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Worried your estate agent has overvalued your property?

When it’s time to put your house on the market, knowing if you have priced it correctly can be an incredibly stressful task. But understand that property value in the UK is a complex mix of elements and that achieving 100% accuracy may not always be possible. So don’t take online or estate agents’ estimates at face value – use multiple resources when determining how much your house should sell for!

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I just bought a house. Can I sell it?

With all the excitement that comes with buying a home, there are some cases where selling it becomes necessary right away. Whether through financial struggles or dealing with bothersome neighbours – you can actually sell your newly acquired property in no time!

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Mark Associate Director Bayzos
Associate Director
Working within the property industry for over twenty years there is a genuine pleasure in handing the keys and congratulating my clients and customers on their journey. Positivity, good health & exercise, happy families and really appreciating the world we live in certainly keep the smile on my face and energy flowing!