UK Mortgage & Property Related News
A new mortgage for first-time buyers with a deposit that hasn’t been handed to them on a plate will do more than just help young people get on to the property ladder, says James Moore.
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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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Best UK mortgage deals of the week, 11 September.
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Those on typical £200,000 mortgages taken out between October 2020 and February 2023 may see costs jump by £3,996 a year this winter.
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Landlords are seeing homes they are buying being down-valued by up to 50 per cent, industry experts are warning, amid concerns from lenders that they won’t make enough money from rent to cover their mortgage costs.
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Angela Rayner has disclosed she underpaid stamp duty, described by an expert as a ‘confusing mess’
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New research from Access Law Online highlights how careful preparation can help avoid delays, protect your investment, and ensure a smoother move into your new home.
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The new campaign from T&P highlights how buyers can leverage family income to get on the housing ladder.
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Best UK mortgage deals of the week, 4 September.
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