Nationwide to allow first-time buyers to borrow six times their …
2024年9月23日 · David Hollingworth, associate director of communications at L&C Mortgages, said: “Helping Hand has been a front runner in expanding the range of options open to first-time buyers who continue to struggle with affordability. Building an adequate deposit is hard enough, especially when the available mortgage borrowing is capped, and prices remain high.
Autumn Budget 2024: Stamp duty to rise to 5% on second homes, …
2024年10月30日 · 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.
Santander ups fixed mortgage rates across the board
2024年11月11日 · Santander is increasing the majority of its residential and buy-to-let fixed mortgage rates including product transfers by up to 0.31%. From Tuesday, selected standard residential fixed rates across purchase, remortgage and green products are increasing by up to 0.29% while large loan fixed rates are rising by up to 0.20%.
Autumn Budget 2024: Landlords avoid CGT hikes as Reeves …
2024年10月30日 · In the first Budget to be delivered by a Labour government in more than 14 years, Reeves said: “The UK will still have the lowest capital gains tax rate of any European G7 economy.”. To encourage business owners to invest in their companies, the lifetime limit for Business Asset Disposal Relief will be maintained at £1m.
NatWest raises mortgage rates by up to 0.35%
2024年11月13日 · NatWest has become the latest lender to increase its mortgage rates this week, with changes of up to 0.35%. The mortgage rate changes will come into effect on 14 November and apply to select residential, buy-to-let (BTL) …
OBR raises forecasts for mortgage rate and house price growth
2024年10月31日 · The Office for Budget Responsibility (OBR) has increased its forecasts for house price and mortgage rate growth over the next five years. Average interest rates on existing mortgages are expected to rise from around 3.7% this year to a peak of 4.5% in 2027, where they are forecast to remain until 2030, the OBR said in its Economic and Fiscal Outlook.
Halifax cuts remortgage rates by up to 0.35%
2025年1月3日 · Halifax has announced a set of mortgage rate reductions with cuts of as much as 0.35%. The changes apply to the bank’s one-and-a-half- and three-year fixed remortgage deals. Halifax launched the one-and-a-half-year fixed remortgages in November. This includes the one-and-a-half-year fix at 60%
Coventry BS to buy Co-op Bank for £780m - Mortgage Solutions
2024年5月24日 · Coventry Building Society said it would remain a mutual and was committed to being an independent, member-owned building society. The Co-op Bank will be integrated into the mutual “gradually over the years” and, during this period, …
Mortgage rate war comes to possible ‘halt’ as swap rates creep up
2024年10月9日 · The recent mortgage rate war seems to have ended as swap rates rose above 4% this week. According to Chatham Financial, the two-year swap rate was 4.06% as of 7 October, while the five-year swap rate was 3.81%.. These were both higher than respective rates of 3.91% and 3.56% in September.
Halifax cuts mortgage rates; Bucks BS adds five-year fixed RIO – …
2024年7月31日 · Elsewhere, the two-year fixed remortgage at 60% LTV will be priced at 5% following a 0.19% reduction, while the 85% LTV option has gone down from 5.98% to 5.77%.