UK Mortgage & Property Related News
The housing minister, Matthew Pennycook, and economic secretary to the Treasury, Lucy Rigby, will meet with senior representatives from major high street banks today, as the government steps up efforts to increase homeownership and expand access to affordable housing under its Plan for Change.
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The Bank of England’s next interest rate meeting will take place on 18 September. With inflation on the rise, experts are anticipating no change to the base rate.
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Monday will see the Renters’ Rights Bill return to the House of Commons for ‘ping pong’, the final stages before it moves into law.
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Several buy to let lenders have rolled out updated borrowing choices aimed at supporting landlords with lower fixed mortgage rates and improved options.
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Angela Rayner has disclosed she underpaid stamp duty, described by an expert as a ‘confusing mess’
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Westminster council is launching a public consultation to renew its borough-wide Additional Licensing Scheme for smaller HMOs – with landlords expected to pay £1,540 for a licence to operate.
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The Treasury is considering increasing taxes on landlords by adding national insurance on rental income ahead of the Chancellor’s autumn budget.
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An influential group of MPs has called for the Government to scrutinise the popular Lifetime Isa, amid claims the accounts disproportionately help well-off savers.
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Property tax rumours could impact homes valued at over £500,000, potentially triggering a housing market slowdown, Zoopla has warned.
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It’s International Dog Day today – August 26 – and an estate agency is giving advice to landlords on how to pet-proof their properties.
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