UK Mortgage & Property Related News
Joint mortgages can be used as a “weapon” by domestic abusers against their current or former partners, a charity has warned.
A report by Surviving Economic Abuse (SEA) said survivors of domestic abuse have been left with mortgage arrears, low credit ratings, and housing and economic insecurity.
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The gap in rents paid by those in the north and south of England has closed to its lowest level in at least 11 years, figures have shown.
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First-time home buyers and those with smaller deposits have received welcome relief after mortgage rates finally began to fall.
Nationwide, HSBC and NatWest cut their fixed rates on Friday amid “frenetic” competition between big-name mortgage providers. TSB did so for the second time in a week in a rare move.
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Falling mortgage rates may, at last, be bringing some relief to embattled homeowners and first-time buyers.
In a market described as “frenetic”, lenders are locked in intense competition for new customers while simultaneously trying to hold on to borrowers already on their books.
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The upcoming Renters’ Rights Bill should encourage landlords to sell to one another, or to their tenants, according to tenant campaign group Generation Rent.
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UK renters risk being thrown out on their ear by landlords should they get sick, as only 29% say they could pay next month’s rent if they were unable to work due to illness.
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The first phase of of a huge 551-bed Build To Rent scheme in Birmingham has been completed.
This phase consists of 125 units for BTR operator Get Living; the rest of the six-building development is set to be completed later this year.
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Landlord Amlendu Kumar has successfully appealed against a Rent Repayment Order for his Tooting property after a ‘rent to rent’ company he contracted with turned into an illegal HMO without his knowledge.
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Around 57% of over-55s are making sacrifices in the run-up to retirement so they don’t have to make mortgage repayments when they retire.
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Homebuyers are being warned that buying a new car this month could knock £36,000 off any mortgage offer they can get from a high street bank or building society.
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