Mortgage borrowers can save £255 per month by opting for a 40-year mortgage term over a 25-year term, research shows.
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Things that are likely to get you turned down for a mortgage
It now takes the average first-time buyer more than 12 years to save for a house deposit. But personal finance experts say issues such as your deposit, your credit score, and your loan-to-value ratio can make a huge difference, particularly when it comes to being approved for a mortgage, and then getting a good rate.
Read MorePaying rent on time could finally start helping renters get a mortgage: ‘A very positive step’
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.
Read MoreThis week’s best mortgage deals include a 3.76% rate for first-time buyers
Best UK mortgage deals of the week, 24 July.
Read MoreRent shake-up on the horizon for commercial landlords
Upward-only rent reviews will be outlawed in new leases across England and Wales under the English Devolution and Community Empowerment Bill.
Read MoreMore tenants may get CCJs as a result of Renters Rights Bill
A lettings expert at PropTech firm Goodlord says he’s concerned at a growth of tenants with County Court Judgments as a result of the Renters Rights Bill.
Read MoreShould private landlords house asylum seekers?
Why has Serco’s asylum seeker proposal caused such a split in the landlord market? Here, we look at why the scheme has come about, how it could help you, and why the government needs landlords more than ever.
Read MoreNRLA agrees new partnership with Landlord Property Exchange
Looking to sell your rental property, but don’t want your tenants to face the stress and disruption of eviction?
Read MoreAnother delay for Renters’ Rights Bill as it won’t become law until autumn
Despite recent progress for the Renters’ Rights Bill through Parliament, it seems the legislation will not come into effect until after the summer recess.
Read MoreIf interest rates fall, could the 3 per cent mortgage make a comeback?
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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