You may have heard snippets of news regarding the recent ‘Leeds Reforms’ but this positive set of changes to the mortgage market have not been widely reported. The reforms, announced in Leeds this July by the Chancellor, are UK wide, meaning it should be easier and simpler for many property buyers to borrow money.
An article recently published by Property Reporter effectively sounded the death knell for big budget home improvements. Instead, it used information from property firm Stacks to claim purchasers were being drawn to good value properties that needed more manageable, achievable – and cheaper – upgrades.
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