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First-time buyers: Can we take out a 100% mortgage?
Several ‘no deposit’ mortgages have hit the market recently, but can anyone apply for these deals? Darren Polson advises a reader with a poor credit history on whether they are eligible for a 100% mortgage
Read MoreMortgage rate war heats up with Barclays dropping to 3.75%
Best UK mortgage deals of the week, 17 July.
Read MoreFirst-time buyers on £30k salary now able to apply for mortgage
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.
Read MoreRenters’ Rights Bill — the end of fixed-term tenancies
All new tenancies in England will become open-ended periodic tenancies with a rent period not exceeding a month, with existing tenancies converted, too.
Read MoreHouse of Lords back amendment to Renters’ Rights Bill – “a welcome and sensible intervention”, says lawyer
The House of Lords yesterday backed an amendment to the Renters’ Rights Bill to require tenants keeping pets to pay an extra deposit to cover any damage to a rented property.
Read MoreLandlords continue to sell as 290,000 homes lost from the PRS
More than 290,000 homes have been lost from the private rented sector in England as more landlords are looking to sell than buy, according to a new report.
Read MoreDarlington and HTB launch new landlord mortgage products
Darlington Building Society has unveiled an improved buy to let mortgage range, raising the loan-to-value (LTV) limit from 75% to 80% and introducing five-year fixed-rate products.
Read MoreA third of landlords will stop investing in properties if rent caps come in – Landbay
Over a third of landlords have said they will stop investing in their existing properties if the government introduces rent caps proposed in the Renters’ Rights Bill, a survey found.
Read MoreFirst-time buyers borrowing more but cannot keep pace with house price increases
First-time buyers are borrowing up to 5% more and being offered larger loans, but they are struggling to keep pace with house price rises.
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