I'm sure many of us are in the same boat in wondering how the Chancellor's announcement of a Stamp Duty Holiday will impact us over the course of the year.
Yeah, it would be nice if they said they'd credit first time buyers with what they would have saved.Interesting comment, this has taken away a little of the benefits of being a first-time buyer in the current market. However, are there not government schemes available which allow you to put down as little as 5% as a deposit?
Yeah I am looking into it. But honestly, Boris Johnson said "no one should be penalised for doing the right thing" and I trusted him. But now the message that I have taken is that if you want a mortgage, you should have kept working through the pandemic if at all possible even if it puts lives at risks. So by not stopping the lenders being so strict, the government is potentially putting lives at risk if there is another pandemic.I know exactly what you mean because I am also self-employed and didn't get any assistance from the government even though I lost a couple of customers. I have just read today that the government is giving an extra two weeks universal credit to those on the benefit system. It may be worth approaching a mortgage broker to see if they can find a solution for your problems? Surely you can't the only person out there with this type of problem?