UK Mortgage & Property Related News
According to research from Sprive, of the 827,000 first-time buyers who bought with a mortgage in 2023-24, 11.5% were aged 45 or over. This is almost triple the 3.6% figure recorded in 2019-20.
Read More
The mortgage guarantee scheme which helps buyers with a small deposit purchase a property is being extended permanently, the government revealed yesterday.
Read More
Question: I am trying to apply for a mortgage, and though I work, part of my income is topped up with universal credit (UC). How will this affect my income as assessed by a mortgage lender and will it affect eligibility?
Read More
The Bank of England will hold interest rates at 4.25 per cent on Thursday, economists predict, which could mean higher mortgage rates for longer.
Read More
A top tip for first-time buyers wondering how to get the best mortgage rate possible to work on boosting your credit rating.
Read More
If you’re hoping to buy your first home soon, searching for the best mortgage rates for first-time buyers is an essential part of the process.
Read More
More than 53,000 mortgages have been completed using scheme, which encourages lenders to offer up to 95% loans.
Read More
The Bank of England has cut interest rates from 4.5% to 4.25% at its latest meeting in May – the second reduction in 2025.
Read More
UK landlords should prepare for a shift in how they manage tenancies, given how the Renters’ Rights Bill is rapidly moving through parliament, according to Allison Thompson of property services group LRG.
Read More
Around 62% of homebuyers who have bought in the last 12 months said they faced unexpected costs during the property transaction.
Read More