All Finance Stories

FTBs struggling as 95% LTV rates begin to rise

FTBs struggling as 95% LTV rates begin to rise

New data from Moneyfacts has revealed that 95% LTV rates on on the rise. Average two-year fixes at 95% have risen by as much as 0.35% since the start of the year and by 0.10% since April.

25 Jul 2017

HMRC policy on student accommodation successfully challenged

HMRC policy on student accommodation successfully challenged

HMRC’s VAT policy on new build student accommodation has been successfully challenged in a case taken to the Tax Tribunal by Glyn Edwards, VAT Director at MHA MacIntyre Hudson.

21 Jul 2017

Gross mortgage lending hits £22.1bn in June

Gross mortgage lending hits £22.1bn in June

According to the latest data and analysis from UK Finance (formerly CML), gross mortgage lending saw a 9% rise from May to June reaching £22.1bn and 3% higher than the £21.5bn lent in June last year.

20 Jul 2017

June sees mortgage sales drop 1.2%

June sees mortgage sales drop 1.2%

New data from Equifax Touchstone has revealed that during June there were £200m less in mortgage sales going through the book than in the previous month - equating to a drop on 1.2%.

20 Jul 2017

Skipton announce further cuts on Help to Buy products

Skipton announce further cuts on Help to Buy products

Skipton Building Society has announced that from today rates have been cut by up to 0.69% across its Help to Buy range.

19 Jul 2017

High-LTV fixed rates cut at First Direct

High-LTV fixed rates cut at First Direct

First Direct has announced that it has cut rates on two and five-year fixed rate products by between 5 and 10bps.

19 Jul 2017

New Family Mortgage rates launched at Teachers BS

New Family Mortgage rates launched at Teachers BS

Teachers Building Society has announced this morning that it has launched new Family Mortgage options designed to help families support their relatives onto the property ladder.

18 Jul 2017

New industry standards proposed for switching mortgage

New industry standards proposed for switching mortgage

Online mortgage broker,Trussle, has released a white paper proposing that a new set of industry standards be introduced to the mortgage market, to offer consumers much needed support with switching.

18 Jul 2017

FTB budgets not covering fees and costs

FTB budgets not covering fees and costs

According to a new survey half of first time buyers are not budgeting enough for the cost of buying their first home, with the likes of surveys, valuations and legal fees costing 73% more than anticipated.

18 Jul 2017

UK Finance: Majority of borrowers won't see change in payments after rate rise

UK Finance: Majority of borrowers won't see change in payments after rate rise

New trade body, UK Finance, has suggested that despite a rate rise looking increasingly likely within the next twelve months, the majority of borrowers look well placed to withstand an increase and won't see any change in payments.

18 Jul 2017

 

Furness announce launch of new self-build products

Furness announce launch of new self-build products

Furness Building Society has announced that it has launched a new range for self-builders who are looking for an Advance Stage Payment mortgage.

17 Jul 2017

Accord grants first-time landlords access to BTL range

Accord grants first-time landlords access to BTL range

Accord has announced that from today, its buy-to-let range will be available to those buying a property to let for the first time

14 Jul 2017

Loughborough BS launch First Time Buyer Family Deposit mortgage

Loughborough BS launch First Time Buyer Family Deposit mortgage

A new survey has shown that more and more millennials have given up on the dream of becoming a homeowner over the past year with 85% of those surveyed citing the struggle to be able to save for a deposit as the main reason.

14 Jul 2017

Further rate cuts announced at TMW

Further rate cuts announced at TMW

The Mortgage Works has announced that it has cut rates on selected two-year tracker products by up to 0.30% and five-year fixed rates by up to 0.15%.

14 Jul 2017

Retirees cash in £6.9m of equity per day

Retirees cash in £6.9m of equity per day

A new report from Key Retirement has revealed that, during the first half of the year, retired homeowners released £1.25bn in equity from their properties at the rate of £6.9m per day.

13 Jul 2017

How the over 50s are 'future proofing' their homes

How the over 50s are 'future proofing' their homes

Recent analysis by the Saga Equity Release Advice Service has shown that, over the last year, there has been a 30% surge in equity release sales - revealing how older people are becoming increasingly comfortable with using the equity they have built up in their homes to improve their lifestyle and those of their families.

12 Jul 2017

Mortgage products rise by 108% in two years

Mortgage products rise by 108% in two years

New research from Mortgage Brain has revealed that during the last two years, the number of available products introduced into the UK mortgage market has soared by 5172 - a rise of 108%.

10 Jul 2017

Two-year mortgage rates at new record low

Two-year mortgage rates at new record low

New data from Moneyfacts has revealed that, on average, two-year fixed rate and two-year variable rate have fallen to new record lows.

10 Jul 2017

NatWest announce cuts to high-LTV remortgage rates

NatWest announce cuts to high-LTV remortgage rates

NatWest has announced that it has reduced its five-year fixed rate remortgage range by up to 90bps as part of a revamp of its core intermediary range.

07 Jul 2017

BTL rates cut across the range at Skipton

BTL rates cut across the range at Skipton

From tomorrow Skipton BS will be cutting rates by up to 0.28% across its Buy-to-Let range. this comes on the back of yesterday's reductions across three 5 Year core residential fixed rates.

06 Jul 2017

Majority of millennials opt for repayment mortgages

Majority of millennials opt for repayment mortgages

According to new research from L&C Mortgages, 92% of savvy millenials (18-34 year olds) are on a repayment mortgage vs 68% of those aged 55 and over and are gradually chipping away at the capital.

05 Jul 2017

FTBs face saving into the next century for a home

FTBs face saving into the next century for a home

A new report from online estate agents, HouseSimple.com, paints a stark picture of the struggle many first-time buyers face trying to buy.

04 Jul 2017

HTB Scotland passes 10k barrier

HTB Scotland passes 10k barrier

According to the latest official statistics, the Scottish Government’s Help to Buy shared equity scheme has helped over ten thousand households onto the housing ladder and injected £1bn into the region.

04 Jul 2017

Fixed rate mortgage fees near 4 year high

Fixed rate mortgage fees near 4 year high

New research from Moneyfacts has shown that despite an ongoing fall in mortgage rates, fixed rate mortgage fees are approaching a four-year high.

03 Jul 2017

North West leading the way for small deposit borrowers

North West leading the way for small deposit borrowers

The latest analysis from from e.surv has found that large deposit borrowers are on the decline across the UK, taking out 33.9% of loans during May compared to 34.6% in April.

03 Jul 2017

Mayor announces £70m fund to support London regeneration

Mayor announces £70m fund to support London regeneration

The Mayor of London, Sadiq Khan, has today announced a new £70 million regeneration programme to support growth and community development in London.

30 Jun 2017

Halifax launches £500 cashback for FTBs, remortgage and homemovers

Halifax launches £500 cashback for FTBs, remortgage and homemovers

Halifax Intermediaries is offering first-time buyers, homemovers and remortgage customers £500 cashback on qualifying mortgages from Monday 3 July.

30 Jun 2017

LetsBid4Lets makes software available to all agents

LetsBid4Lets makes software available to all agents

LetsBid4Lets has announced that its software is now available to all agents and is ready to integrate with agent’s websites, with IT support if needed from the team behind the software.

30 Jun 2017

Latest Comments

brandonlee10
brandonlee10 24 Jul 2017

The financial ramifications of the triggering of Article 50, the starting gun for Britain's departure from the EU, are far from clear. Buyers will be most cautious in London, given that buying a home in...

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IrisJ.
IrisJ. 19 Jul 2017

Great advice, but may I also add that when buying an already built home, make sure you do all of the proper inspections. Most importantly pest inspection because people tend to get surprised when they

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IrisJ.
IrisJ. 17 Jul 2017

The third point is, in my opinion, the most important one. People have become too inconsiderate and careless when it comes to rented properties. If a landlord wants to protect their property, regular visits...

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cornishalan
cornishalan 10 Jul 2017

Added to the cost of purchasing these village properties are the above average maintenance costs. Particularly where the property is a listed building or requires specialist building skills such as thatching...

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Jo Mullett
Jo Mullett 07 Jul 2017

Here in Swansea, known as the Japanese knotweed capital of the UK, it never fails to amazes me that people have no idea of the potential problems this invasive non-native plant can cause when buying or...

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NathanG
NathanG 05 Jul 2017

McDonalds, for example, have been purchasing their real estate on prime locations for years. If something happens to the company they'll have invaluable assets that will be able to save them. We might

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Jonah
Jonah 04 Jul 2017

Graham: surprised to see you cite the "extra tax liability" as capping out at ?560. It doesn't - the extra tax is exponential, as it is levied on the income (i.e the inflating level of rental income you...

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Dianne Griffen
Dianne Griffen 29 Jun 2017

Be very wary of anyone bringing you deals that they have ?found? and want to ?sell on to you? or ?joint venture? with you on ? you need a proper legal contract for this, involve a RICs surveyor to confirm...

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jason hadzikostas
jason hadzikostas 28 Jun 2017

The most important thing is a budget. Students have to manage their spendings in food, house maintenance, books and many other things. According to me, student Studios are the perfect option for them as...

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SecomTech
SecomTech 22 Jun 2017

AT Last...This was discussed years ago and there was a move towards landlords registering their bad tenants on a database..(can't remember where) It seems a logical step though our leaders will probably...

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Bertrand
Bertrand 02 Jun 2017

How about the Welsh Govt introducing a scheme to protect landlords against "rogue" tenants who are then taken to court for criminal damage to the properties they trash. Pretty unlikely I suspect and politically...

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AmberMorris
AmberMorris 25 May 2017

"Please don't pick a novelty tune-playing doorbell. They're not 'fun'. They're stupid." Laughed a lot to this. It's actually true, though.

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