View more on these topics

Preferred relaunches shared ownership range

Preferred has relaunched its shared ownership product range.

The products, which open up the government’s shared ownership schemes to individuals with adverse credit, cater for a wide range of schemes including those for key workers.

The range includes fixed and discounted rates at near prime to extra light adverse levels, with 25% to 75% shares available.

Loans are up to 100% LTV on purchases and remortgages, and there is capital raising for debt consolidation and home improvement available.

Roger Taylor, director of sales and marketing at Preferred, says: Barely a day goes by without a news story saying how difficult it is for first-time buyers to step on to the property ladder.

Shared ownership schemes give individuals the chance to make that step.

Preferred has been offering shared ownership products in the sub-prime market since 2002, and we’re pleased to mark our five year anniversary in this specialist sector with the launch of our most competitive shared ownership products yet.

Recommended

Instant ID checks from Easier2Move

Easier2move has linked up with 192.com to allow its solicitors to perform instant identity checks. Karen Babington, sales and marketing director at Easier2Move, says: “We hope to ensure efficient and speedy service.”

School plan could hit prices

Plans to revise the way school places are allocated have led to fears of house price slumps in catchment areas.

Terraced houses see biggest price rises

Terraced houses have seen the greatest increases in their price over the last five and 10 years, research by Halifax Estate Agents reveals.Based on Halifax’s house price data, the results show that over the last 10 years the average UK terraced house price has increased by 239%.Over the last five years the trend is a […]

Demand outstrips supply, says Hamptons

Latest analysis from Hamptons International, has found that there is an average of eight buyers for every seller. Hamptons says this imbalance in supply and demand is showing no sign of abating as the spring market moves closer, with many sellers holding back from putting their property on the market until a suitable property becomes […]

Trouble ahead - thumbnail

Pensions: trouble ahead?

The pace of change in the pension’s space has been little short of astonishing, and has left thousands of employers struggling to keep their pension policy compliant, and also on the right side of current best practice and governance. Many employers, and indeed many in the pensions industry itself, would like to see a period of no change during the next term of government. This would give all sides a chance to catch up and draw breath. 

Newsletter

News and expert analysis straight to your inbox

Sign up