{"id":139220,"date":"2023-09-18T14:30:22","date_gmt":"2023-09-18T07:30:22","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/help-to-buy-delays-leave-sellers-and-remortgagors-stuck-and-paying-more\/"},"modified":"2023-09-18T14:39:49","modified_gmt":"2023-09-18T07:39:49","slug":"help-to-buy-delays-leave-sellers-and-remortgagors-stuck-and-paying-more","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/help-to-buy-delays-leave-sellers-and-remortgagors-stuck-and-paying-more\/","title":{"rendered":"Help-to-buy delays leave sellers and remortgagors stuck and paying more"},"content":{"rendered":"


\nSince Homes England switched contractors, borrowers have been struggling to obtain vital documentsJuan Pe\u00f1a is \u201cfeeling a bit hopeless\u201d after months of dealing with Homes England, the government body that ran the help-to-buy loan scheme. The doctor used one of the loans to purchase a flat with his friend, whom he is now trying to buy out. Although he started the process in April, when there was four months on his mortgage deal left, a series of delays have resulted in time running out and him being switched to a much higher rate.\u201cIt has gone up to 8.49% and payments are now taking up all of my salary,\u201d he says. \u201cI\u2019m drawing on savings that I have worked to build up.\u201d Continue reading…
\n
\nSource : theguardian.com
\nRead more…Help-to-buy delays leave sellers and remortgagors stuck and paying more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Since Homes England switched contractors, borrowers have been struggling to obtain vital documentsJuan Pe\u00f1a is...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-139220","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-Adu","jetpack-related-posts":[{"id":138228,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-in-limbo-as-help-to-buy-firm-wont-answer-phone\/","url_meta":{"origin":139220,"position":0},"title":"UK homeowners in limbo as help to buy firm won\u2019t answer phone","date":"July 6, 2023","format":false,"excerpt":"\r Frustrated borrowers unable to sell or remortgage as company running loan scheme leaves them on holdHomeowners who used the government\u2019s help to buy loan scheme to get on the property ladder have said they are struggling to get the paperwork needed to sell or remortgage after a new company\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138662,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/help-to-buy-paperwork-delays-still-endangering-property-sales-and-remortgages\/","url_meta":{"origin":139220,"position":1},"title":"Help-to-buy paperwork delays still endangering property sales and remortgages","date":"August 6, 2023","format":false,"excerpt":"\r Households fear being thousands of pounds out of pocket as problems beset Homes England administratorHomeowners who used the government\u2019s help-to-buy loan scheme to buy a property are still reporting delays in getting hold of vital paperwork, weeks after the agency that runs the programme said it was working to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27475,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/massive-shortage-in-appraisers-causing-home-sales-delays\/","url_meta":{"origin":139220,"position":2},"title":"'Massive' shortage in appraisers causing home sales delays","date":"September 27, 2016","format":false,"excerpt":"\r A shortage of home appraisers is causing growing delays in closings, costing buyers and sellers and even scuttling deals.\r \r Source : cnbc.com\r Read more...'Massive' shortage in appraisers causing home sales delays","rel":"","context":"In "Property 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