Nationwide has dealt first-time buyers on modest incomes a blow by upping the minimum income threshold on its sole applicant Helping Hand mortgage from £35,000 to £40,000.
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Big rise in numbers paying mortgages into their 70s
There’s been a big rise in the number of people taking out mortgages with a term of 35 years or more, which will see them paying off their loans well into their 70s.
Read MoreBritain’s biggest mortgage lender expects three interest rate cuts this year
The boss of Britain’s biggest mortgage lender has told Sky News he expects three interest rate cuts this year, bringing some relief to borrowers and mortgage holders.
Read MoreHMRC fines landlord £1,600 despite admitting he owes ‘no tax’
Mohammad Muhsen Yaqoobi has been issued a brutal fine by the taxman and government tax department after he failed to complete his 2020 to 2021 tax return on time.
Read MoreThe era of the small landlord is over – it might change housing for the better
Labour’s Renters’ Rights Bill moves a step closer to law today as it passed its third and final reading in the Commons. From here, it will go to the Lords.
Read MoreExploring the Buzz Around HMO Housing
Houses in Multiple Occupation (HMOs) have been a cornerstone of the UK rental market, offering affordable housing options for tenants and profitable investment opportunities for landlords.
Read MoreLandlords: Would you start in BTL in 2025 if given the choice?
Despite a growing landlord exodus – which the housing minister Matthew Pennycook disbelieves – would you start as a landlord in 2025? There are reasons for and against. I’d like to hear your views because I try – honestly! – to remain positive despite what is regularly being thrown our way.
Read MoreRenters Rights Bill forces more buy to lets on to the market – claim
Landwood Group says it’s seeing a rise in the number of landlords coming to auction their properties, finding it too challenging to continue operating.
Read MoreTop nine tips on accessing a mortgage as a first-time buyer
Getting that first foot on the UK property ladder can feel like an uphill struggle for first-time buyers with their dream home seeming tantalisingly out of reach.
Read MoreCan first-time buyers still buy a home before stamp duty jumps on 1 April?
First-time buyers are rushing to purchase homes before the stamp duty they need to pay rises.
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