The Bank of England has cut interest rates for the second time this year – welcome news for first-time buyers after years of rising mortgage costs and spiralling house prices.
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One-of-a-kind ‘Delayed Start’ mortgage launched in UK
The deal, unveiled by Skipton building society, means buyers would not have to make any repayments for the first three months.
Read MoreUK interest rate cut: what does it mean for mortgages and savings?
The Bank of England has voted to cut the cost of borrowing, reducing the base rate to 4.25%. Here’s what it means for you
Read MoreRenters’ Rights Bill committee stage (House of Lords): What’s happened so far?
The Government has announced six dates for committee sessions in April and May as the Renters’ Rights Bill enters its final stages.
Read MoreOnly a fifth of landlords are prepared for new mandatory sanctions checks
Only a fifth of landlords and letting agents feel prepared for the new mandatory sanctions checks on all landlords and tenants.
Read MoreHMRC rule change set to catch-out landlords: Thousands will soon need to report income and expenses every three months
HMRC soon to require digital record-keeping and quarterly submissions.
Read MoreWhy first-time landlords are heading to the BTL market in 2025 despite tougher conditions
First-time landlords are on the rise and motivated to join the market as rates fall, competition for homes is subdued and they see property as a safer bet than leaving their cash in savings or gambling on the stock market.
Read MoreMajor buy-to-let lender offers sub 3% rate to landlords
The Mortgage Works is now offering a two-year fixed deal at 2.99%, although brokers point to the hefty 3% fee.
Read MoreStamp duty seen as ‘biggest barrier’ to moving: how to save when buying a home
First-time buyers and existing homeowners in England and Northern Ireland now have to pay more
Read MoreMidlands city named among UK’s most sought-after places for home buyers
A Midlands city has been named among the UK’s most sought after places for first time home buyers.
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