by Taryn Johnston | May 12, 2021 | Mortgages
The government will bring in a property planning bill aimed at modernising the planning system, according to the Queen’s Speech. During the speech, the Queen outlined plans to modernise the planning system to enable more homes to be built, provide more help for...
by Taryn Johnston | Apr 27, 2021 | Mortgages
Some 16 per cent of properties sold for more than the asking price in March, NAEA Propertymark’s housing report showed. This was the highest proportion recorded since May 2014 where 19 per cent of properties sold for more than their asking price. In comparison to...
by Taryn Johnston | Apr 21, 2021 | Mortgages
Nationwide is launching a new mortgage which enables first-time buyers to borrow 5.5 times their salary up to 90% loan-to-value (LTV). The ‘Helping Hand’ mortgage, which will be available on 26 April, applies to borrowers taking out a five or ten-year fixed rate deal...
by Taryn Johnston | Apr 16, 2021 | Mortgages
Santander will discard the 2020-21 tax year for self-employed borrowers who have been hit by the Covid-19 pandemic. Instead, from 19 April Santander will base its income assessment on the 2018/19 and 2019/20 accounting periods. However, the lender said it will need to...
by Taryn Johnston | Apr 14, 2021 | Mortgages
The current Bank of England base rate of 0.1 per cent is expected to remain unchanged until 2025, Capital Economics predicted. The consultancy’s latest UK housing market update concluded this would combine with other low-rate scenarios across the mortgages sector. ...
