The figures show that over 130,000 homes have been bought since the schemes were first launched in October 2013.
This is an increase of over 10,000 homes over the previous quarter.
Sutton business advisers and accounts Harmer Slater have republished from HMRC the latest statistics on the uptake of the government’s flagship Help to Buy schemes were published on 9 December 2015.
The figures show that over 130,000 homes have been bought since the schemes were first launched in October 2013. This is an increase of over 10,000 homes over the previous quarter.
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Christmas started with a sparkle at Sutton’s family jewellers, Warrenders.
The store held a highly successful customer evening on December 10 with key pieces from their latest collection being purchased from the moment they were on display. "It was a fantastic launch of our Christmas Collection," said Richard Warrender. "Our Champage Reception is now an annual event and more customers and friends than ever braved the rather terribble weather to join us in store. Christmas is well underway at Warrenders." Details Warrenders began in 1947, and specialises in diamond and precious gem-stone jewellery. Itis a family based team, now into its third generation, For further information go to WARRENDERS Harmer Slater Sutton's business advisers and accountants has released more details about a key measure announced in the recentChancellor's Autumn Statement.
In the Autumn Statement, the Chancellor announced some sweeping changes to help families own their own home. A new scheme known as Help to Buy: Shared Ownership will be launched and will remove many of the current restrictions on buying a home through shared ownership according to The scheme will allow people to buy a share of between 25% and 75% of a home. From April 2016, anyone who has a household income of less than £80,000 outside London, and less than £90,000 inside London will be able to buy a home through shared ownership. The scheme will apply across England and priority will only be given to military personnel. The Help to Buy: Equity Loans scheme will also be extended until at least 2021. In addition, the upper 20% limit for an equity loan will be increased to 40% for buyers in the Greater London area from early next year. This means buyers in London will need to contribute a minimum 5% deposit, the government will loan up to 40% and a mortgage will be required to cover the balance. There will also be a 20% discount off the market price for first-time buyers (aged under 40) purchasing starter homes. The government expects over 200,000 starter homes to be built over the coming years and will release public land and re-designate unused commercial land for Starter Homes. The Right to Buy scheme will also be extended to housing association tenants next year giving 1.3 million households the chance to become home owners. Details Harmer Slater are an independent firm of chartered accountants and business advisers located in Sutton, close to central London with experience in dealing with listed and unlisted businesses operating across a range of industries in the UK and overseas. For full details go to HARMER Sutton Council is urging borough businesses and residents to be aware of the new provisions in the Consumer Rights Act 2015 so that shops and consumers alike avoid frustration this Christmas and New Year. Sutton Trading Standards wants residents during the busy Christmas period to understand their new rights, which they can exercise all-year round, following changes to consumer law since the Consumer Rights Act came into force on 1 October 2015. Cyber fraud is one of the hottest topics around at the moment, with an increasing number of businesses falling prey to criminals. Experienced owners and staff are being tricked out of substantial sums through a variety of well-planned scams, that are becoming more and more sophisticated.
Supported by the Barclays Digital Eagles and members of the police force’s anti-fraud division, Sutton Business Initiative's free event will inform you about the different fraud scams happening all around us now, how to spot them, and, most importantly, how to prevent them. This will be a very interactive session and you will come away armed with top tips to avoid becoming a victim of cyber fraud. There will be the chance to raise any questions you may have with our speakers, and for an informal chat with any of our sponsors for more general business advice. Drinks and nibbles will be provided to stave off any early evening cravings! Please register for this event go to: CYBER Have you ever wondered what it would be like to jump inside a real life snow globe? Wonder no more as Successful Sutton will make your dreams a reality on Saturday 19th December in Sutton High Street. The 10ft snow globe will be FREE for everyone to enjoy and whats more you will also get your photo taken by a professional photographer on the day to download and keep! The snowglobe photobooth will be open from 10am – 4pm. Details - See more at GLOBE Date: December 19 Time: 10:00 am - 4:00 pm Concerned about the future of your pension then why not use Pension Wise.
Pension Wise is a new, free, impartial and confidential guidance service from Government, to help people understand what their choices are and how they work. Users can access Pension Wise in three different ways, depending on their preference. There are three ways: Online through the Pension Wise website https://www.pensionwise.gov.uk/ A telephone guidance appointment . The Pensions Advisory Service (TPAS). A face to face guidance appointment. Sutton Borough Citizens Advice Bureau are delivering face to face Pension Wise guidance sessions at the following locations:- If you are aged 50 or over and have a Defined Contribution pension and have not had a guidance session previously you are eligible for a face to face appointment at one of the above venues. Please note that appointments are provided for a date one week in advance to enable you to gather the information you will need to get the most out of the guidance session. Details For full details go to PENSIONS Sutton Chamber of Commerce is inviting members and those interested to a festive four-course Indian Banquet at the award-winning Haweli of Belmont. Enjoy informal networking over a delicious meal served by Mirage Chowdhury and his team.
Haweli of Belmont recently triumphed at the 2015 Sutton Business Excellence Awards, winning the ‘Best Business for Hospitality & Leisure’ category. Well-known for its delicious food and excellence service, Haweli is the perfect venue for our pre-Christmas social. Details Price: £30 per person. Ticket price includes 4-course Indian banquet, first drink and VAT. Date: Wednesday 9th December Time: 7.30pm Venue: Haweli of Belmont, 22 Station Road, Sutton, SM2 6BS A new initiative to enable entrepreneurs to get a foot on the business ladder is being launched in Sutton.
The Entrepreneurs Market will provide an opportunity for start-ups and budding entrepreneurs to showcase their fledgling business ventures by pitching a market stall in Sutton. Shoppers across the borough be prepared as Sutton goes small business crazy. Small Business Saturday falls on the 5th December and it is a great opportunity to visit all of the wonderful individual and small businesses in the borough.
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