First-time buyer mortgage payments could be around a fifth lower than average rents if buyers have a 20 per cent deposit saved
Read MoreFirst-time buyer mortgage costs are ‘20 per cent lower than rents’ with a £50,000 deposit
Tag: uk
Upcoming stamp duty changes shake up the mortgage market
Rules surrounding Stamp Duty Land Tax (SDLT) are set to change on 1st April, causing a flurry of activity in the mortgage market.
Read MoreNatWest improves mortgage access for international buyers
NatWest has given mortgage brokers in the UK access to NatWest International through its broker portal to make it easier for international borrowers buying property in the UK.
Read MoreBarclays and HSBC cut mortgage rates: Advice for borrowers
More high street lenders have cut mortgage rates this week as data showed average fixed-rate prices have fallen by their biggest margins nearly six months.
Read MoreLandlord cash buyers remain active in the buy-to-let sector
With rental yields hitting a 13-year high for UK buy-to-let, the sector continues to secure strong returns for landlords. In particular, those with lower levels of borrowing will have felt the gains to a greater extent as average mortgage rates remain higher than pre-2022.
Read MoreMP insists landlords should never pass on costs to tenants
A Green Party MP has expressed surprise that landlords will pass on costs of meeting new standards to their tenants.
Read MoreBan on new leasehold flats – how will this affect BTL landlords?
The government has announced a ban on new leasehold flats. But how does this affect buy-to-let landlords?
Read MoreWill a new landlord database address issues with HMO licences?
The Renters’ Rights Bill promises a landlord database to help those in the sector be more compliant, but it won’t help landlords that have already born the brunt of fines, writes Nigel Lewis.
Read MoreLandlords keen on property investment despite stamp duty hike – Landbay
Landlords are showing resilience in the face of recent stamp duty increases on additional investment homes, according to Landbay.
Read MoreFirst-time buyers paying extra £4,200 a year on their mortgage
First-time buyers in the UK are facing paying an extra £4,200 a year on their mortgage with increased mortgage payments, which now average £940 per month compared to £590 five years ago, according to latest Rightmove research.
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