Home » News » Housing Market » When I’m 64! Help to Buy purchasers given huge mortgage length boost previous nextHousing MarketWhen I’m 64! Help to Buy purchasers given huge mortgage length boostGovernment has worked with lenders to enable Help to Buy purchaser to remortgage over 35 years.Nigel Lewis29th August 20190549 Views The government has relaxed its own rules on Help to Buy in order to help first time buyers remortgage after their fixed period comes to an end.In an extraordinary move that will see some home buyers signing up to mortgages that will not be repaid until they are well into their 60s, housing minister Esther McVey said the new H rules would give more buyers ‘freedom and flexibility’.McVey has worked with trade group UK Finance to arrange the new Help to Buy deal, which will enable buyers to reduce their monthly payments and therefore make buying a home more affordable.Until now, those buying via Help to Buy who wanted to remortgage after five years had to count their initial years of ownership in their maximum 25-year-long mortgage period, whereas now they will be able to remortgage for up to 35 years.Equity loanThis follows the government’s offer to extend its equity loan interest in Help to Buy properties, when appropriate, in order to help remortgages get the green light.McVey claims the changes reflect similar moves within the wider mortgage market to find novel ways to help first time buyers find ways to offset the UK’s sky-high house prices.“Lenders told us our agreement to match or extend our equity loan to the main mortgage loan term was critical to giving them the confidence to offer re-mortgage products to Help to Buy customers,” says Will German, Director (left) from Homes England.“Under our new policy, if the customers’ re-mortgage runs for longer than the standard 25-year Help to Buy: Equity Loan term, then we will automatically extend ours.” will german Homes England help to buy Esther McVey August 29, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021
The East Central Trojans Wrestling team continue their winning ways this season by capturing The Wrestling Sectional Team Championship at Franklin on Saturday, February 1st, at Franklin County. Coach Adam Wolf’s squad won six individual weight titles en route to repeating as Sectional Champs and all Trojans Wrestlers participating also Regional bound. The overall team results. 2-Milan, 3-South Dearborn, 4-Rushville, 5-Lawrenceburg, 6-Franklin County, 7-Connersville, 8-Greensburg, 9-Batesville, 10-Union County.The Batesville High School wrestling team traveled to Franklin County to compete in Sections with 9 other teams. Despite the 9th place finish, The Bulldogs had a strong individual performance with half the team that participated in placing and 3 moving on to regionals.Sophomore Josh Mobley had the best finish with a 2nd place finish at 152. Mobley went 2-1 with a pin and a 9-3 victory. Josh lost in the finals to number 3 ranked Bryar Hall form East Central. JT Linkel went 3-1 on his way to a 3rd place finish at 145. Linkel had 1 pin and 2 decision victories. Alex Murphy went 2-2 finishing 4th with 2 pins. All three will be moving on to regionals next week in Richmond. Seniors Nick Nobbe and Axel Garcia both placed 6th at 160 and 170. Other participants were Jonathan Lamping at 126, Jonathan Schrank at 138, Jy’lil Chappell at 182, Christian Garcia at 195, and Brandon Manning at 220. The team placed 9th with 55 points.Failed to fetch Error: URL to the PDF file must be on exactly the same domain as the current web page. Click here for more infoFailed to fetch Error: URL to the PDF file must be on exactly the same domain as the current web page. Click here for more infoThe top four wrestlers from each individual weight class will advance to The Regionals at Richmond on Saturday, February 8th, starting at 9 AM.Congrats to our area qualifying wrestlers at The Sectionals and good luck at The Regionals.
Facebook Twitter Google+ Published on October 12, 2017 at 7:03 pm Contact Tomer: [email protected] | @tomer_langer By nearly every metric, Syracuse’s defense was bad last year. The unit allowed more than 500 yards and 38.6 points per game and defensive leader Zaire Franklin along with head coach Dino Babers stressed the need for improvement heading into 2017.And so far this year, the Orange has fulfilled those self-set expectations. The defense has limited teams to 24.3 points and 357.7 yards per game, receiving praise from Babers in close loses at Louisiana State and North Carolina State. The defense also kept SU in the game in a 27-24 win against Pittsburgh while the offense struggled.Syracuse (3-3, 1-1 Atlantic Coast) will face its toughest test of the season Friday night against No. 2 Clemson (6-0, 4-0). Overall talent aside, the Orange will have to contend with something it hasn’t consistently faced yet this season: a dual-threat quarterback, in the form of Clemson’s Kelly Bryant.“Bryant, he’s a different type of guy,” Franklin said. “He can really run, he can really move and his legs help him make a lot of plays.”It was unclear earlier in the week if Bryant would play against SU because of an ankle injury he suffered in the Tigers’ win over against Wake Forest on Saturday. As of Wednesday night, though, he was listed as “will play” on the Clemson injury report.AdvertisementThis is placeholder textCourtesy of Clemson AthleticsBryant is 13th among all FBS quarterbacks with 66.8 rushing yards per game. Middle Tennessee State quarterback Brent Stockstill ran for 41 yards against SU earlier this season, the most yards the Orange has given up to a quarterback this season.“Obviously, when he has legs, we have to play different styles of defense” Babers said. “Spies and stuff like that.”Defensive ends Alton Robinson and Brandon Berry said that the containment role of the ends changes when going up against a mobile quarterback. For Berry, his goal is to make sure to still get off the line fast but ensure that he doesn’t run past the quarterback and allow him to stop and take off downfield.For Robinson, it’s a matter of the point he’s running toward. Typically, Robinson said, when ends crash around the tackles, they’re trying to hit a spot that is right where the quarterback is standing. Against dual-threats, that spot changes to about a yard or two outside.“We’ve got guys behind us that’ll be checking on (a running quarterback) too,” Robinson said. “So it’s not just on the ends.”Arguably the worst performance from SU’s defense last year came against Louisville and Heisman winner Lamar Jackson. Jackson averaged 120.8 rushing yards per game a year ago. He burned the Orange for 199 and four scores in that matchup.Andy Mendes | Digital Design EditorSyracuse quarterback Eric Dungey is a running threat himself. Franklin considers Dungey one of the best quarterbacks in the country. For him though, going up against Dungey in practice isn’t a major help. That’s because Dungey isn’t going at full game speed when he’s scrambling and the defensive players make sure not to hit Dungey. Dungey says that from his point of view, it helps weaken a defense.“Defenses have to respect it,” Dungey said. “It makes them second guess themselves.”Bryant is replacing another dual-threat quarterback at Clemson in two-time Heisman finalist Deshaun Watson. Watson only played the first half against Syracuse last year, as he got hurt and the Tigers pulled him in a blowout victory.While Bryant is talented, Franklin said, he doesn’t compare to Watson because the latter was already a mature quarterback with a lot of starting experience. Bryant is still figuring out how he wants to play.The Orange will have its hands full trying to contain Clemson in most facets on Friday. And to keep the score close and maintain its stellar third-down defense, SU will need to contain Bryant to the pocket. Comments