First-time buyers can now apply for a mortgage with a salary as low as £30,000, thanks to changes from Nationwide (NBS.L) and new measures supported by the government
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- Author: Nikka Sulton
Reeves Eases Mortgage Limits to Spur Growth
Rachel Reeves has announced plans to ease the strict mortgage rules brought in after the Credit Crunch, aiming to boost the UK economy. The Chancellor’s move is expected
BoE May Cut Rates Faster if Jobs Slow
The Bank of England (BoE) has signalled it is ready to cut interest rates further if the UK jobs market shows clearer signs of slowing down, according to
Wigan, Blackburn & Falkirk: New Hotspots
An emerging trend is pushing up house prices faster in more affordable areas, driven by what experts describe as ‘scarcity’ in the market. Data from Zoopla shows that
UK House Prices: Still Up to 9x Incomes
House prices today are, on average, slightly more affordable than they were two decades ago, according to fresh data released by Nationwide Building Society. The figures look at
First-Time Buyers Get Lending Boost
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OpenAI Eyes Chrome’s Throne
Just when it felt like the browser wars had finally settled, fresh news hints at a new rivalry on the horizon. Both OpenAI and Perplexity have announced plans
Mortgage Rates Cut – More to Come?
Two major high street banks have today unveiled new mortgage rate cuts, marking the latest chapter in the ongoing wave of home loan repricing. HSBC and NatWest are
More Legal Aid for Tenants Facing Eviction
Generation Rent has welcomed the government’s decision to increase legal aid for tenants who are facing eviction. The praise follows an announcement by the Ministry of Justice, which
Lords Cut Re-Let Ban to Six Months
A recent debate in the House of Lords ended with a narrow victory that could significantly change part of the Renters’ Rights Bill. Members of the Lords voted