
Bank Of England Plans To Scrap Interest Rate Rule For Mortgages
The Bank intends to abolish the rule that borrowers must be able to afford a rate rise of three percentage points. The Bank of England (BoE) has announced plans to …
Read MoreThe Bank intends to abolish the rule that borrowers must be able to afford a rate rise of three percentage points. The Bank of England (BoE) has announced plans to …
Read MoreExperts say the reopening of some offices and the end of the Covid stamp duty break are skewing demand in favour of flats in the UK housing market. According to …
Read MoreLending rules eased by banks have handed a lifeline to retiree landlords previously barred from buy-to-let investing. Minimum income requirements, which specify buy-to-let borrowers must earn a certain level of …
Read MoreAlthough 32pc of landlords earn less than £15,000 per annum from their properties, 24pc earn in excess of £50,000, according to new research. However, most landlords (44pc) fall in the …
Read MoreExperts have warned that an imminent crackdown on energy upgrades will trigger an exodus of landlords from the private rented sector. The Government intends to introduce legislation to ensure all …
Read MoreA UK environmental consultancy has launched a new product aimed at enabling insurers, risk managers and mortgage lenders to assess flood risk accurately. GeoSmart Information‘s FloodSmart Analytics program provides the …
Read MoreNationwide Building Society say the average UK property price has increased by more than £30,000 since the start of the Covid-19 crisis. Despite the phasing out of the Government’s stamp …
Read MoreIn his Autumn Budget on Wednesday, Chancellor Rishi Sunak gave details of the Government’s investment in brownfield sites in the years to come. The Government has confirmed it aims to …
Read MoreBanks have begun withdrawing their cheapest mortgage deals from the market as interest rates are due to rise and increase the cost of home loans. The City expects the Bank …
Read MoreThe total worth of UK housing has been estimated at four times the value of the country’s economy, according to property website Zoopla. It has been claimed that Britain’s homes …
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