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News

New lender welcomes contractors

April 13th, 2016

Contractor Mortgages Made Easy are pleased to welcome a new lender to the UK mortgage market. Bluestone Mortgages, backed by Australia’s Macquarie Bank and one of the UK’s leading private equity houses, LBG Cap... Read More

Is Buy to Let still a viable choice?

April 6th, 2016

The first quarter of 2016 has provided proof that buy to let investors have not been put off by the Government’s increasing attempts to squeeze them out of the housing market. In 2015, the Chancellor George Osborne unvei... Read More

Leeds improve interest only options

April 6th, 2016

Contractor friendly lender, Leeds Building Society, have made changes to their interest only policy and improved their product range, set to benefit many of our contractor clients.

The products allow contractors to ... Read More

Buy to let mortgage changes

April 1st, 2016

Buy to let mortgages have been targeted by the chancellor with recent changes looking to boost stock available to first time buyers.

The government’s aim is to make investment property less attractive, to make mor... Read More

New Stamp Duty rules take effect today

April 1st, 2016

From today (1st April 2016) the government has introduced a 3% levy on top of current stamp duty rates for the purchase of additional properties, a policy announced in George Osborne’s 2015 Autumn Statement.

A... Read More

February mortgage sales highest since 2008

March 29th, 2016

Mortgage lending increased by 30% year on year in February to £17.6 billion as demand for homes remained strong, new figures from The Council of Mortgage Lenders (CML) has revealed.

This is the highest total for a ... Read More

Restricting relief on buy to let investments

March 24th, 2016

Buy to let has long been providing bumper returns for investors, but the plan to withdraw mortgage interest relief will result in higher tax charges and diminishing profit from April next year.

The new rules, initia... Read More

Base rate into eighth year

March 17th, 2016

The Bank of England’s Monetary Policy Committee (MPC) has today held its Base Rate of interest at 0.5%, marking seven years at this level.

The MPC have retained the current historic low for Base Rate following an ... Read More

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