Mortgages and Property News

Nationwide is boosting its income multiples, allowing first-time buyers to borrow more money to get onto the property ladder.The UK’s largest building society will now allow new buyers to take out...

Just as the government launches a new scheme to help people get onto the housing ladder with small deposits, a surge in activity has driven house prices in the UK to a record high.Property website...

Government measures to boost the housing market have driven continued interest from buyers, with the average house price in the UK hitting a record high of £254,606 in March - a jump of 1.1%.The...

Paragon Bank has launched a range of buy-to-let mortgages with lower interest rates for energy efficient properties.The 80% LTV mortgages charge a market-leading 3.99% interest, fixed for five years,...

Months after withdrawing nearly all their highly leveraged mortgage products, lenders have ventured back into low-deposit lending ahead of the government’s mortgage guarantee scheme.While lenders...

Yorkshire Building Society will be the first lender to resume selling 95% LTV mortgages, nearly a year after the pandemic frightened lenders away from low-deposit home loans.Yorkshire’s 95% LTV...

A new range of mortgages from Habito will allow homebuyers to lock in their interest rate and repayments for up to 40 years, the UK’s “longest ever” fixed deals.The digital lender’s new range of...

Chancellor Rishi Sunak has claimed that “generation rent” will be turned into “generation buy” by a phased end to the stamp duty holiday and government guarantee for 95% mortgages.Sunak said that last...

Chancellor Rishi Sunak’s latest budget includes a government guarantee for 95% mortgages, which he claims will turn generation rent into “generation buy.”Through the scheme, lenders will receive...

The stamp duty holiday which has reinvigorated the housing market will now lapse at the end of June, three months later than originally scheduled.The holiday, which began last summer, eliminates the...