UK Mortgage & Property Related News
Over a third of landlords have said they will stop investing in their existing properties if the government introduces rent caps proposed in the Renters’ Rights Bill, a survey found.
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Buy-to-let landlords with multiple properties could save thousands by taking advantage of this year’s lower mortgage rates, but failing to refinance could see them hit with a £23,000 bill.
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Paragon Bank has bolstered its range of buy-to-let mortgages by launching limited edition two-year fixed-rate products.
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Finance experts suggest increasing numbers of landlords are turning to flipping – buying to redevelop and sell on – because of the attack on buy to let via increased regulation and taxes.
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Shocking statistics have emerged from a survey of the private rental sector, with the Savills agency claiming there are still 31% fewer properties available to rent in suburban areas than there were in 2018/19.
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First-time buyer schemes with tiny deposits to get you on the property ladder quicker have been revealed – as a vital deal ends this week.
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Rachel Reeves’ plans to slash the tax-free cash ISA allowance “would be effectively choking mortgage availability” for those who need them the most, a building society’s CEO has said.
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Nationwide, Santander and Barclays are among a number of lenders to have cut prices and experts say this could be a signal of an impending interest rate cut.
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For first time buyers, rates start from 3.94%
For new and existing customers moving, rates start from 3.81%
Details are emerging about anti-landlord amendments being tabled by Lords at the final stages of the Renters Rights Bill’s passage through Parliament.
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