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Showing results for tags 'first-time buyers'.
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Mortgages for first-time buyer through an SPV
sacha posted a topic in Mortgage AdviceHello All, I'm trying to get into the buy-to-let world. I don't own any properties (I rent), and I'm planning to buy properties through an SPV. I know normally lenders don't like first-time buy-to-lets, however, after speaking to a couple of brokers, they came back to me with literally 0 lenders. They said their lenders are not lending to first-time buyers through an SPV, at the moment. Do you have any broker to recommend for this case? Thank you!
First-Time Buyers, catching a small break
Guest posted a topic in General property discussionStamp duty will be abolished immediately for first-time buyers purchasing a home of up to £300,000, Chancellor Philip Hammond has announced In London, first-time buyers will be able to buy a house worth up to £500,000 and pay no stamp duty on the first £300,000, still means a stamp duty of £10,000 on the extra 200,000 for properties in London but for the average first-time buyer. This certainly helps reduce the costs and puts a little more money in your pocket.