Personal Finance News

self-build mortgage

MPs reject SVR cap for mortgage prisoners but rates dip

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Borrowers are frustrated by MPs decision to reject the SVR cap on mortgage rates. Mortgage rates decline again and self-build mortgages are introduced. The Saffron Building Society has also launched two new large loan products to entice prospective property buyers. The self-build loan products will be made available...
UK Property Sales

UK Property Sales Reach 16 Year High

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Soaring demand for UK property has been ignited by numerous government schemes to make UK housing more affordable, with demand set to continue for the remainder of 2021. Recent data from Her Majesty's Revenue and Customs (HMRC) revealed UK property purchases rose to a record high in March 2021 to levels not seen since...
UK Property Market

Rishi Sunak Launches 95 per cent Mortgage Scheme

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Aspiring homeowners can now purchase a property with as little as a 5% deposit due to the UK government’s new 95% mortgage scheme. The UK’s 95% mortgage scheme has been welcomed by the public and the property industry following a surge in UK property demand
mortgage, investment, real estate and property concept - close up of home model, money and house keys

Habito launches 40-year fixed-rate mortgage in 2021

UK homebuyers offered more mortgage options in 2021, with the return of the 5% mortgage deposit scheme and a new 40-year fixed-rate mortgage. According to the independent mortgage monitor Moneyfacts, there are 3,532 products on offer - the highest number of available mortgage options since...
Holiday let mortgages are being reintroduced in the UK amid easing of lockdown restrictions

Return of 5% mortgage scheme for buyers

Budget 2021: Chancellor Rishi Sunak announces a stamp duty extension and brings back the 5% mortgage scheme for buyers to boost the housing market. The UK property market defied all consensus expectations during the Coronavirus pandemic, courtesy of the Treasury's property tax holiday, which triggered a ...
UK tax reforms

Will tax hikes support economic recovery from the pandemic

Rishi Sunak is expected to announce changes to tax policies in his March Budget. Avoid tax traps and hefty bills by making sure you’re aware of the rules. According to new research from the financial services network Openwork, parents and grandparents are at risk of facing hefty tax bills...
Riski Sunak Budget

Spring Budget 2021 – What can we expect from Rishi Sunak

Information and predictions on Chancellor Rishi Sunak’s March budget, including insight into rumours over a possible tax hike for businesses. We have the professionals' opinions on what may be included in the budget...
A couple thinking of property purchase after Brexit

Lenders reintroduce mortgage deals as mortgage holidays end

Mortgage lenders are reducing rates and resuming 10% deposit mortgages in 2021 to give buyers more options amid the pandemic. Mortgage availability has risen to its highest level since April with top mortgage deals including...