What to Expect When You Buy Your First Home in the UK?
In the UK, getting your first home is a big deal, but it can also be a lot of work. There is a lot to think about, such as choosing the right property and learning about the law and mortgages. It’s normal to be both scared and excited. Knowing the steps can make it easier […]
Is Buy-to-Let Still Worth It in 2025?
For years, buy-to-let was seen as a bit of a golden ticket. You bought a place, rented it out, sat back, and watched the value creep up. But things aren’t quite as simple anymore. With higher mortgage rates, more rules for landlords, and changing tax rules, lots of people are asking the same thing: is […]
Maximizing Mortgage Tax Benefits: A Comprehensive Guide for UK Homeowners
Owning a home comes with various financial considerations, and understanding the tax implications can help you maximize your savings. In this comprehensive guide, we’ll explore essential mortgage tax tips specifically tailored for UK homeowners. By leveraging these insights, you can make informed decisions and optimize your tax benefits. Let’s delve into the details! Mortgage Interest […]
‘This is just ruinous’: the Britons unable to afford their homes
Millions are finding themselves priced out of renting and buying amid high inflation and mortgage rates Out of reach? The tool that shows where you can afford to buy or rent in Great Britain The cost of living crisis, spiralling mortgage rates and soaring rents have exacerbated property shortages in Britain to the extent that […]
Economic growth to pick up but risks to recovery ‘elevated’, say UK forecasts
Households and firms can expect more financial pain despite Britain dodging technical recession, says KPMG Britain will be left with deep scars from the pandemic despite narrowly escaping a second recession within three years and growing signs of an economic pick up, according to new forecasts. A new report by the accountancy firm KPMG has […]
Mortgage turbulence continues as HSBC pulls deals and Nationwide raises rates – business live
HSBC temporarily removes mortgage products for new customers, as borrowers face higher rates HSBC temporarily withdraws mortgage deals for new borrowers The UK’s cost of living crisis has driven down sales on the high streets, which turned negative for the first time in more than two years Total like-for-like retail sales, combining in-store and online, […]
Homes for sale near festivals – in pictures
From a restored old coach works in London to an 18th-century paper mill in the Lake District Continue reading…
‘It would really help us’: renters in the UK who want a 100% mortgage
No-deposit loan presents possible route out of rental trap to those deemed eligible When Skipton, one of Britain’s biggest building societies, launched the UK’s first 100% mortgage exclusively for renters last month, reactions varied wildly. While some commentators regard the first-of-its-kind home loan as a “revolutionary” way to get people out of the rental trap […]
UK house prices experience annual fall for first time in decade, data shows
Price of average home in May was 1% lower than in same month last year, according to Halifax figures UK house prices have experienced their first annual fall in more than a decade, according to Halifax, in a sign that the impact of soaring interest rates on household budgets has brought a halt to the […]
Housebuilders cut back on construction as UK mortgage rate rises spook buyers
Work on residential building sites slips in May to weakest level since 2009 UK banks pull hundreds more mortgage deals as fixed rates rise Britain’s housebuilders are cutting back on the construction of new homes amid signs that potential buyers are being spooked by the prospect of increases in mortgage rates over the coming months. […]