Blog - Fosters Financial

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All the latest news and information

Government pledges new 5% deposit mortgage scheme for first time buyers

Government pledges new 5% deposit mortgage scheme

Prime Minister Boris Johnson has announced plans to help millions of hopeful homeowners to get onto the property ladder with a new 5% deposit mortgage scheme.
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Visitor guidance

Visitor guidance

Following recent changes to the government’s measures to tackle the coronavirus in England, we have updated our visitor guidance accordingly.
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Furlough mortgage applications

Furlough mortgage applications

With the government’s Coronavirus Job Retention Scheme ending in October and other financial support due to finish soon after, mortgage lenders are taking a mixed view to furlough mortgage applications. As there is no guarantee that furloughed workers will...
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Help to Buy scheme deadline extended

Help to Buy scheme deadline extended

The government has announced that the building deadline for new homes purchased under the Help to Buy scheme, has been extended until 28 February 2021. All new homes would have previously needed to have been built by 31 December...
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Ipswich

Fosters Financial announces Ipswich office relocation

Fosters Financial, a five-star rated, independent mortgage and insurance broker in Essex and Suffolk, has today announced the relocation of its office in Ipswich. The office move is a result of the company’s continued growth and with plans to...
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Stamp duty holiday

Stamp duty holiday for homes up to £500,000

The Chancellor of the Exchequer has today announced a Land Tax Stamp Duty holiday which will come into effect immediately. As part of the government’s Plan for Jobs, homebuyers are now exempt from paying any tax on main home...
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John Foster discusses the latest developments in the housing market

Housing market starts moving again

Following the easing of the lockdown, the UK housing market has experienced extraordinary levels of activity, which has resulted in some real positive changes for both home movers and owners. Asking prices rise Rightmove published its latest House Price...
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Business leaders thoughts on the current situation.

Following the interest in last month’s article this week the phone has been ringing off the hook so I thought I would compile some thoughts of other key businesses we have spoken to over the last week and a...
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Thoughts on the current situation

If all you do right now is watch the news, then you’ll feel like the world is ending. Clearly, it is not all sunshine and roses at the moment, but there are lot of positive news stories out there,...
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Fosters Financial appoints two non-exec directors

Fosters Financial is pleased to announce that they have today appointed two Non-Executive Directors to join the board.   Headquartered in Colchester, and with offices in Ipswich, Clacton and Sudbury Fosters Financial has appointed Peter Basford and Alison Beech...
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