UK Mortgage & Property Related News
Rachel Reeves revealed plans to allow renters to show they can afford a mortgage through paying rent on time. It’s a change Big Issue has long been calling for. Here’s what it could mean for your credit score.
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Best UK mortgage deals of the week, 24 July.
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The governor of the Bank of England has hinted at a cut in rates thanks to the government’s decision to tax jobs. James Moore shares the welcome news that mortgages will get cheaper – but adds a note of caution
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Use the map to find out where you can buy.
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Several ‘no deposit’ mortgages have hit the market recently, but can anyone apply for these deals? Darren Polson advises a reader with a poor credit history on whether they are eligible for a 100% mortgage
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Best UK mortgage deals of the week, 17 July.
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First-time buyers will be able to apply for a mortgage with just a £30,000 salary with Nationwide (NBS.L) as the government and Bank of England push for more relaxed lending rules.
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First-time buyers are borrowing up to 5% more and being offered larger loans, but they are struggling to keep pace with house price rises.
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Looking to get on the property ladder or help your children become homeowners? Lloyds could allow first time buyers to borrow up to 22% more than on its standard deals.
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Coventry for intermediaries – the broker facing arm of Coventry Building Society – has cut all of its limited company BTL rates by up to 0.19 percentage points. The cuts are on both remortgage and purchases applications and include two- and five-year fixed rates.
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