UK Mortgage & Property Related News
Rachel Reeves revealed plans to allow renters to show they can afford a mortgage through paying rent on time. It’s a change Big Issue has long been calling for. Here’s what it could mean for your credit score.
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The governor of the Bank of England has hinted at a cut in rates thanks to the government’s decision to tax jobs. James Moore shares the welcome news that mortgages will get cheaper – but adds a note of caution
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Best UK mortgage deals of the week, 17 July.
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First-time buyers will be able to apply for a mortgage with just a £30,000 salary with Nationwide (NBS.L) as the government and Bank of England push for more relaxed lending rules.
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Mortgages offered through the scheme will mean first-time buyers and home movers can buy a home with a deposit of just 5%.
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Rachel Reeves’ plans to slash the tax-free cash ISA allowance “would be effectively choking mortgage availability” for those who need them the most, a building society’s CEO has said.
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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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When is a Budget not a Budget? When it’s a Spring Statement of course, which will be outlined to the House of Commons by the Chancellor, Rachel Reeves, on 26 March.
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Chancellor Rachel Reeves’s under pressure (definitely not an emergency budget) Spring Statement alleviated concerns among private landlords by avoiding an increase in Stamp Duty rates for second-home purchases.
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The Chancellor Rachel Reeves has reinforced the government’s commitment to ‘get Britain building again’ as she delivered her Spring Statement today.
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