UK Mortgage & Property Related News
The private rented sector is set for one of its biggest changes in years. The Renters’ Rights Bill, which entered Parliament in September 2024 and is now progressing through the House of Lords, proposes to end fixed-term tenancy agreements for good.
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A new analysis of student renting suggests that the Houses in Multiple Occupation sector demonstrates particularly robust fundamentals.
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A high profile lettings agent is advising landlords to buy a doer upper – and he claims that they are currently heavily discounted.
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A mortgage lender is making it easier for ex-pats wanting to invest in the UK buy to let market
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Slowing rental growth and higher property taxes are creating a headache for landlords. Does buy-to-let still offer a good yield?
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Mortgage lending to first-time buyers also reaches highest level on record.
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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.
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The mortgage guarantee scheme which helps buyers with a small deposit purchase a property is being extended permanently, the government revealed yesterday.
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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?
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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.
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