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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.

Lifestyle

These are the 5 cheapest and 5 most expensive UK cities for single renters

If you are a single renter, some cities across the UK are more affordable than others, so it’s worth doing your research before you move. Research from Thomas Sanderson has assessed property prices across the country, along with the cost of utilities, groceries and average salary to determine where single renters will get the most for their money. Listed are the five UK cities which ranked as the cheapest, followed by the five most expensive places to rent.

Business

Virgin Money: Yorkshire Bank rebrands

As we near the anniversary of lockdown, it’s hard to believe what’s happened over the last 12 months. People told to stay at home and not to go about their daily lives. Children kept home from school and made to learn via Zoom or Teams. Businesses faced with massive operational challenges or forced to close completely. It really has been a year we will not forget.