First-time buyers with only a 5 per cent deposit now have access to a new type of mortgage that combines repayment with interest-only borrowing. The product, introduced by
5% Deposit New Mortgage Option
Leasehold Losing Buyer Appeal
Nikka Sulton
A growing number of flat owners are finding themselves in a difficult position, having to sell their homes for less than they originally paid. The appeal of single-storey
HSBC Lowers Mortgage Costs
Nikka Sulton
HSBC has announced reductions on a number of its mortgage products this week, while most other high-street banks and building societies have chosen to leave their deals unchanged.
Renters’ Bill ‘No Risk to Supply’
Nikka Sulton
Housing Minister Matthew Pennycook has defended the Renters’ Rights Bill, insisting it is “fit for purpose” despite criticism from a key parliamentary committee. Responding to a written question
House Prices Climb Despite Tax Rumours
Nikka Sulton
House prices across the UK recorded another increase in September, according to data from Nationwide Building Society, even as speculation continues over possible property tax changes in the
House Price Warning Issued Ahead of Budget
Nikka Sulton
UK house prices rose more strongly than expected in September, defying predictions of only modest growth and highlighting the continued resilience of the property market. However, economists have
Call for Property Tax Rise in Reeves’ Budget
Nikka Sulton
A cross-party think tank has urged Chancellor Rachel Reeves to consider raising taxes on property as part of the upcoming November Budget. The think tank, Demos, has suggested
UK Property Sales Edge Up by 2% in August
Nikka Sulton
New figures from HM Revenue and Customs (HMRC) show that the number of houses sold across the UK in August was two per cent higher than in the
Mortgage Approvals Dip as Buyers Pause
Nikka Sulton
Mortgage approvals for home purchases edged lower in August, according to the latest data from the Bank of England. The figures revealed that 64,680 loans were approved
London Rents Drop Ahead of Bill
Nikka Sulton
Tenants across London are finally starting to feel some relief as rental prices fall, according to new market data. After several years of rapid increases, the capital is