UK Mortgage & Property Related News
With rental yields hitting a 13-year high for UK buy-to-let, the sector continues to secure strong returns for landlords. In particular, those with lower levels of borrowing will have felt the gains to a greater extent as average mortgage rates remain higher than pre-2022.
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Extra Stamp Duty charges could have an impact on both mortgaged and cash purchases by landlords, Nationwide claims.
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One of Britain’s biggest lenders is dropping its lowest mortgage rates to below 4 per cent from tomorrow.
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Nationwide has called on the government to relax mortgage affordability rules to boost first-time buyer lending.
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ASPIRING homeowners have more and more ways to get on the ladder with very small deposits or without any savings at all.
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Two major lenders launched mortgage deals on Thursday with interest rates of less than 4%, as competition picks up in the sector.
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Households may be able to save tens of thousands of pounds in mortgage interest payments by changing when they make their repayments.
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The uncertainty of the general election and Autumn Budget are out of the way and interest rates have been cut, so is now the right time to buy a new home?
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Homebuying has been branded ‘prohibitively expensive’ as it emerged a first-time buyer must devote 36% of their take-home pay to fund their mortgage repayments.
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Nationwide has dealt first-time buyers on modest incomes a blow by upping the minimum income threshold on its sole applicant Helping Hand mortgage from £35,000 to £40,000.
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