A mortgage chief has raised significant concerns that thousands of buy-to-let purchases could be abandoned following the recent tax changes implemented by the government. This warning comes after
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Stamp Duty Hike for Buy-to-Lets Effective Midnight
Chancellor Rachel Reeves has announced a range of property tax adjustments in her first Budget, aimed at reshaping the investment landscape for landlords and property buyers. Effective from
Labour Pledges Regulation for Lettings Agents at Last
Labour’s housing minister, Matthew Pennycook, has surprised the industry by pledging to regulate agents. This announcement comes as a significant shift in the government’s approach to the lettings
Tax Worries Dampen Good Mortgage Rate News for Landlords
Buy-to-let fixed mortgage rates have reached their lowest levels since early September 2022, according to the latest analysis from Moneyfactscompare. This decline in rates presents a potential opportunity
Landlords’ Tax Fears Eclipse Mortgage Rate Gains
The National Residential Landlords Association (NRLA) has highlighted urgent concerns in the rental market that it believes the Chancellor should address in tomorrow’s budget. These issues, the NRLA
House Prices to Rise in 2025 Bigger Mortgages for Buyers
According to a leading mortgage lender, house prices are likely to rise significantly in the coming year, driven by falling interest rates that will enhance buyers’ borrowing capacity.
Will the Budget Fuel a Bumper Housing Market in 2024?
The most recent House Price Index from Zoopla indicates that 2024 could be a strong year for house sales. Increased incomes and the lowest average mortgage rates in
Halifax and TSB Mortgage Rates Rise Before Rate Cut
Halifax has recently announced an increase in select five-year fixed mortgage rates, raising them by 0.08%. This change is particularly significant for first-time buyers and those looking to
NatWest Announces Aggressive Mortgage Rate Cuts
Economists at Goldman Sachs have indicated that the Bank of England’s base rate, which currently stands at 5 percent, may soon experience a reduction. This forecast is rooted
BoE Rate Cut to 2.75% Could Save Homebuyers £2.5k
Goldman Sachs economists are forecasting a significant cut to the Bank of England’s base rate, which could bring much-needed relief to homebuyers, businesses, and the broader economy. The