UK Mortgage & Property Related News
Paying the mortgage is one of the primary concerns for homeowners when the threat of job loss looms. But how could potential unemployment impact a remortgage? David Jackson explains…
Read More
The number of mortgage approvals made to home buyers jumped to a two-year high in August, according to Bank of England figures.
Read More
Fixed-rate mortgage deals have gotten cheaper in recent weeks – but will this trend continue following the Bank of England’s decision to hold the base rate at 5%? We’ve spoken to five mortgage brokers to see what they think is next for mortgage rates.
Read More
Mortgage lenders’ attempts to lure in first-time buyers have stepped up with the UK’s biggest building society allowing some to borrow more.
The Nationwide said that from Tuesday, new borrowers could request a mortgage up to six times their income with a 5% deposit.
Read More
The leader of tenant activist group Generation Rent has renewed calls for the Labour government to introduce rent controls.
Read More
The average first-time buyer would have to save half of their earnings for almost a decade to afford a deposit, new analysis by the Home Builders Federation (HBF) has revealed.
Read More
It’s a tough time for landlords, with new legislations, CGT tax rises, incorporation challenges, EPC requirements, The Renters Rights Bill and mounting financial pressures, there’s no surprise that many landlords are looking to sell.
Read More
Nearly £2 billion in mortgages were taken out by borrowers over 70 in the year to April, according to a study of Financial Conduct Authority data by TWM Solicitors.
Read More
A landlord in Colchester has been handed a £5,000 civil penalty notice for failing to license his unsafe HMO.
Following a complaint made one of the tenants, the council’s private sector housing team discovered that a family of four and two unrelated men were living in a four-bedroom flat.
Read More
Higher borrowing costs, a reduction in tax relief on additional homes, plus more stringent requirements for landlords under the new Renters’ Rights Bill, are combining to take much of the shine off buy-to-let as an investment.
Read More