Jan 3, 2025 · Halifax has announced a set of mortgage rate reductions with cuts of as much as 0.35%, applying to its 1.5-year and three-year fixes.

Sep 23, 2024 · Nationwide has introduced a change to its maximum loan-to-income (LTI) ratio for first-time buyers, which will enable them to borrow up to six times their income. It is the first major lender to allow borrowing at this level through its Helping Hand range, which launched in 2021. Since then, Nationwide’s Helping Hand has lent £7.5bn and supported around 40,000 borrowers to get onto the ...

Nov 11, 2024 · Santander is increasing the majority of its residential and buy-to-let fixed mortgage rates including product transfers by up to 0.31%.

Dec 19, 2024 · There is growing optimism about opportunities in the bridging and commercial markets as we approach the New Year.

Oct 30, 2024 · Stamp duty is increasing from 3% to 5% on second homes from tomorrow, costing landlords an extra £7,000 on an averagely priced property. Chancellor Rachel Reeves announced the surprise tax increase in the Autumn Budget, claiming it would help first-time buyers and main homebuyers. These buyers often compete with landlords for properties.

Oct 30, 2024 · Landlords disposing of BTL properties have dodged a CGT hike in Rachel Reeves’ Autumn Budget as the Chancellor announced residential property rates would not change.

Jan 3, 2025 · HSBC has announced it will reduce rates on a range of mortgages on Monday 6 January, following the lead of other lenders with new year cuts.

Oct 31, 2024 · The Office for Budget Responsibility (OBR) has increased its forecasts for house price and mortgage rate growth over the next five years.

May 24, 2024 · Coventry Building Society has agreed to purchase The Co-op Bank for a cash consideration of £780m, subject to regulatory approval.

Oct 3, 2024 · Barclays, HSBC and NatWest have all announced reductions to their mortgage rates, effective from Friday 4 October.