The government has recently announced that they will invest another £2.7 billion this year, into affordable housing. The 2 main reasons are as follows: Save thousands of construction jobs. Increase the supply of new affordable homes and therefore make housing more affordable for first time buyers. This scheme is part of the £8.4 billions of [...]
Government increases mortgage support to help house repossession victims The government has lent a further olive branch to those staring at house repossession. The scheme is known as the Support for Mortgage Interest benefit which has been extended to cover mortgages up to £200,000 which is double the previous limit, but clearly does very little [...]
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