News

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

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

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

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

March 16th, 2016

In a budget set to “put the next generation first”, the chancellor, George Osborne set out his plans for the UK’s public finances and tax for the years to come earlier today.

Corporation tax

The ta... Read More

March 16th, 2016

Contractor friendly lender Leeds Building Society has launched the market-leading 10 year fixed interest rate at 2.75 percent.The mortgage comes with a £1,499 arrangement fee and is available to those with a 35 percent d... Read More

March 10th, 2016

At the high point of the financial crisis in 2008, self-certified mortgage propositions were dropped from sale by many mortgage lenders, due to the effect that poor lending practises had on the economic downturn. Since tha... Read More

March 8th, 2016

Clients of Contractor Mortgages Made Easy can now take advantage of a new range of semi exclusive market leading rates, suitable for first time contractors.

Despite a number of financial changes due to hit contracto... Read More

March 2nd, 2016

Kent Reliance has announced that it will now consider residential mortgage applications from professional self-employed applicants who have been trading for a minimum of 12 months, down from 36 months.

‘Profession... Read More

March 1st, 2016

The Bank of England have confirmed that mortgage approvals in January rose by a considerable margin, with purchase activity the driving force for the uplift. During the month, 74,581 new purchase loans were approved, an in... Read More