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
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HSBC Raises Mortgage Rates
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
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
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
Average Age of UK First-Time Buyers Revealed
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
Despite final efforts to introduce additional amendments to the Renters’ Rights Bill, members of the House of Lords were unable to make any alterations to the proposed legislation.
One in Three Landlords Quit
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
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
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
Mortgage Rates Rise Amid Lender Caution
Average mortgage rates in the UK have edged upwards for the first time since February, signalling a shift in sentiment among lenders as the market approaches the winter