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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93,000 buy-to-let landlords will step away from the rental market this year, with up to 150,000 lost in the last two years in total, according to a recent survey of intermediaries.
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The stamp duty change in April was expected to have a big impact on the housing market, but the figures show the sector’s underlying resilience has kept it steady.
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Mortgages for those with no deposits have started to return to the market
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As the Renters Reform Bill works its way through parliament there should be much to engage advisers’ landlord borrower clients, and a lot of change to come.
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Investing in the buy-to-let sector will almost certainly continue to prove profitable for many investors even when the proposed Renter’s Rights Bill (RRB) passes into law, research by FCC Paragon suggests.
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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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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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A prominent industry analyst has hit out at the Renters Rights Bill, saying it is an attack on the “entire UK property market.”
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Rightmove’s Speed of Market Tracker reveals that Carluke in Lanarkshire is Great Britain’s fastest-selling market this year, with sellers in the area finding a buyer in an average of 15 days.
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