The Bank of England’s chief economist, Huw Pill, has urged for a more measured approach when it comes to cutting interest rates, warning that inflationary pressures remain a
BoE Economist Warns Against Rapid Rate Cuts
HSBC Raises Mortgage Rates
Nikka Sulton
HSBC has raised several of its mortgage rates this week, while other major lenders have opted to keep their deals steady as the market approaches winter with caution.
Mortgage Demand to Stay Flat
Nikka Sulton
UK lenders are adopting a notably cautious outlook for the remainder of the year, as confidence in the mortgage market remains subdued. According to the Bank of England’s
UK Government Updates Leasehold Reform
Nikka Sulton
The UK government has released a new update on its long-promised leasehold reform, marking an important step forward for millions of homeowners across the country. These reforms are
Landlords Call to Unfreeze Housing Allowance
Nikka Sulton
The National Residential Landlords Association (NRLA) has called on the government to lift the freeze on Local Housing Allowance (LHA) in the upcoming Autumn Budget. Chief executive Ben
Average Age of UK First-Time Buyers Revealed
Nikka Sulton
New research from TSB has revealed that the average age of a first-time buyer in the United Kingdom has slightly decreased over the past year, falling from 32
Peers Reject Renters’ Bill Changes
Nikka Sulton
Related guide: selective licensing for landlords. Despite final efforts to introduce additional amendments to the Renters’ Rights Bill, members of the House of Lords were unable to make
One in Three Landlords Quit
Nikka Sulton
A recent survey has revealed that around one in three landlords have sold or attempted to sell their rental properties over the past year. The findings, published in
NI on Rental Income Could Hurt Tenants
Nikka Sulton
A financial institution has cautioned that tenants could face a “double blow” of rent rises if landlords become liable for national insurance on their rental income. With the
Buy-to-Let Lender Loosens Stress Tests
Nikka Sulton
A specialist lender has introduced measures aimed at giving landlords a much-needed affordability boost by lowering the stress rates applied to its buy-to-let and commercial mortgage products. This