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Property

Happy news for home buyers in government's 2021 Budget

The Budget has brought good news for homebuyers. The government is launching a mortgage guarantee scheme to allow lenders to accept 5% deposits. NatWest, Barclays and HSBC are among the large lenders on board. It will launch on April 2021 for properties under £600,000 and lenders must offer a five-year fixed rate as an option. It is open to all homebuyers, not just first-time buyers, however those buying to let and those purchasing second homes are excluded. The scheme will end in December 2022.

Opinion

USAF pilot killed in crash off US coast named

He was First Lieutenant Kenneth Allen, the assistant chief of weapons and tactics for his squadron.First Lieutenant Allen’s age and nationality have not been confirmed, although he was serving with the USAF’s 48th Fighter Wing.