Thursday, March 22nd, 2012
The government has announced details of its NewBuy scheme, which aims to assist buyers who have a deposit of at least five per cent to buy a new build home. The NewBuy scheme assists buyers who have a deposit of at least 5 per cent to buy a new build home. This is a smaller deposit than is normally required. The scheme will allow more borrowers to secure up to a 95 per cent Loan to Value mortgage on new….
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Thursday, March 15th, 2012
Carr & Co’s Property Solicitor and Partner Mark Lynn explains the Merits and Pitfalls of Shared Ownership in property purchases. Buying a property for the first time is one of the biggest financial commitments you will ever make. It is therefore imperative that when considering whether to purchase a property through a shared ownership scheme to consider the pitfalls before proceeding. Shared Ownership Schemes are usually run through a Housing Association and involve acquiring an initial share in the property,….
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Wednesday, January 25th, 2012
First Time Buyers who are thinking of purchasing a property valued between £125,000.00 and £250,000.00 should act now if they wish to save on the Governments current Stamp Duty exemption. The Government have announced that the current exemption which means that first time buyers are free from the 1% Stamp Duty Tax on homes costing below £250,000.00 will finish on 24th March 2012. There are concerns that with the current exemption ending the housing market will be further affected, especially….
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Tuesday, November 8th, 2011
First-time buyers are vulnerable despite low rates and affordable housing, says Carr & Co Solicitors First-time buyers remain vulnerable to repossession and negative equity despite low interest rates and affordable housing schemes, says Carr & Co in Gosforth, Morpeth and Blyth. Carr & Co says that despite low interest rates and affordable housing schemes aimed at making it easier for the first home owners to get onto the property ladder, they remain vulnerable and need independent advice. Mark Lynn Partner….
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Saturday, October 29th, 2011
CARR & CO secures Law Society’s new conveyancing quality mark Local solicitors Carr & Co have become one of the first practices in the country to secure membership to the Law Society’s Conveyancing Quality Scheme – the mark of excellence for the home buying process. Carr & Co underwent rigorous assessment by the Law Society in order to secure CQS status, which marks the firm out as meeting high standards in the residential conveyancing process. Law Society President Linda Lee….
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