October 8th, 2015
The Bank of England’s Monetary Policy Committee (MPC) has today held base rate at 0.5% again, as a rate hike appears to be slipping further into 2016.
The International Monetary Fund (IMF) yesterday revised their ... Read More
October 7th, 2015
The Prime Minister, David Cameron, is due to give his closing speech at the annual Conservative conference this morning, in which it is expected that he will confirm the government’s pledge to champion affordable housing... Read More
October 5th, 2015
As part of the EU Mortgage Credit Directive, due to take affect from March 2016, buy to let property owners will be subject to considerable affordability checks that could see many borrowers refused lending for such a purp... Read More
September 30th, 2015
Approximately a third of contractors have had difficulty being accepted for mortgages since switching from a permanent job, according to research from specialist mortgage lender Kensington Mortgages.
Head of Sales a... Read More
September 28th, 2015
The number of new homes built in 2015 is on course to beat the number of homes built in 2014, according to figures released by the National House Building Council (NHBC) this week.
NHBC, the industry leader in new-b... Read More
September 24th, 2015
As part of the EU’s Mortgage Credit Directive initiative, due to take effect on 21st March 2016, lenders will be required to change their approach to lending once again in order to remain compliant with the directive iss... Read More
September 17th, 2015
Contractor friendly lender Nationwide have launched a fresh range of 5% deposit products, outside of any current or existing government schemes.
The UK’s largest building society are committing to an additional £... Read More
September 15th, 2015
Mortgage giant Virgin Money has this week announced an overhaul of their lending policy, which could see them become a genuine option for many contractors looking for a mortgage.
Until recently, Virgin Money were ve... Read More
September 9th, 2015
The Bank of England have today voted again to keep Base Rate at 0.5%, following this month’s meeting of the Monetary Policy Committee.
The Committee, which votes on changes to Base Rate monthly, has voted to maint... Read More
September 8th, 2015
In the summer budget George Osborne announced that tax relief on buy to let mortgage interest would gradually be reduced to 20%.
Starting from April 2017, Britain’s two million buy to let landlords will no longer ... Read More
