Looking to get on the property ladder or help your children become homeowners? Lloyds could allow first time buyers to borrow up to 22% more than on its standard deals.
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Multiple lenders slash rates as mortgage competition intensifies
Coventry for intermediaries – the broker facing arm of Coventry Building Society – has cut all of its limited company BTL rates by up to 0.19 percentage points. The cuts are on both remortgage and purchases applications and include two- and five-year fixed rates.
Read MoreRachel Reeves to announce permanent 95% mortgage guarantee scheme
Mortgages offered through the scheme will mean first-time buyers and home movers can buy a home with a deposit of just 5%.
Read MoreMortgage lending rules change could help first-time buyers
First-time buyers could get more access to mortgages after the Bank of England recommended a looser cap on riskier lending.
Read MorePortfolio landlords could save £8,500 by remortgaging – or risk costs soaring by £23,000
Buy-to-let landlords with multiple properties could save thousands by taking advantage of this year’s lower mortgage rates, but failing to refinance could see them hit with a £23,000 bill.
Read MoreRenters’ Rights Bill: Updates, timelines, analysis, & impacts (agent guide)
The Renters’ Rights Bill is likely to come into effect between Oct 2025-Jan 2026. Section 21 evictions will be abolished and all ASTs will become periodic.
Read MoreNew BTL mortgages offer favourable rates to best EPCs
Paragon Bank has bolstered its range of buy-to-let mortgages by launching limited edition two-year fixed-rate products.
Read MoreTax and red tape push landlords into flipping – financial experts’ stories
Finance experts suggest increasing numbers of landlords are turning to flipping – buying to redevelop and sell on – because of the attack on buy to let via increased regulation and taxes.
Read MoreWe Quit! New evidence of massive exodus of landlords from Buy To Let
Shocking statistics have emerged from a survey of the private rental sector, with the Savills agency claiming there are still 31% fewer properties available to rent in suburban areas than there were in 2018/19.
Read MoreFirst time buyers ‘returning to The Smoke’ reveals Rightmove
New analysis by the portal reveals many first-time buyers are looking at properties in cities albeit not in uber-expensive London.
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