News

1️⃣ Mortgage Guarantee Scheme (5 % Deposits) Re‑launched in July’s Spending Review and extended to Dec 2026—95 % LTV on homes up to £600k. (The Sun) 2️⃣ First Homes (30‑50 % Discounts) Local first‑time buyers & key workers get lifetime discounts on selected new‑builds. (Zoopla) 3️⃣ Deposit Unlock (5 % on New‑Builds) Home‑builder scheme pairing 95 % mortgages with selected developments. (Find IFAs &

What’s Happening? Record July slide: Average UK asking prices fell ‑1.2 % to £373,709—London down ‑1.5 % (‑2.1 % in Inner London), the biggest July drop since 2002. (Rightmove, The Guardian) Buyer activity up: Sales agreed are 5 % higher year‑on‑year despite lower prices. (Reuters) Rate‑cut buzz: Markets price in a high chance the