HSBC has eased stress test calculations for homebuyers and remortgagers, adding that the move will mean some first-time buyers will be able to borrow an extra £39,000.
Read MoreHSBC relaxes affordability tests to boost FTB lending by up to £39,000
Tag: uk
Three-quarters of gig economy workers fear mortgage rejection
Around 70% of gig economy workers think their employment status has negatively impacted their ability to secure a mortgage.
Read MoreFive of big six mortgage lenders now have sub-4% rates as NatWest and Halifax cut
Lenders are cutting mortgage rates – though the best deals are only available to those buying homes
Read MoreMortgage ‘tweak’ could save you £15,000 in interest, finance expert says
A money expert has shared a little-known trick that could shave years off your home loan and save you thousands in interest, without needing to remortgage or find extra cash.
Read MoreFive ways for first-time buyers to get on the housing ladder
Mortgage rates are expected to come down over the next year, which could make owning a home a possibility for millions more people.
Read MoreRenters’ Rights Bill could spark ‘landlord exodus’ and harm tenants
As the House of Lords prepares to examine the Renters’ Rights Bill today (22 April), property experts are sounding the alarm over its potential to harm the tenants it aims to protect.
Read MoreRogue landlord who let Rowley Regis tenants live in ‘dangerous’ conditions fined £2.2k
Zakir Shah failed to comply with an Emergency Prohibition Order put in place at a three-storey property at High Street, Rowley Regis.
Read MoreLandlord repair bills soar as damage costs double
Landlords in the UK are facing steep rises in property maintenance costs, with average annual spend now reaching £1,374, according to new research by Towergate Insurance.
Read MoreBuy-to-let mortgage searches hit record high as landlords brace for change
The race is on for buy-to-let landlords, as the mortgage market sees a record number of remortgage searches ahead of looming regulatory changes.
Read MoreShould you invest in HMO properties in the current buy-to-let market?
Property investment and the market surrounding it come with constant changes and challenges. Houses in Multiple Occupation (HMOs) offer a unique opportunity to maximise rental income and diversify your portfolio with an alternative investment strategy.
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