NEWS ARCHIVES
Mortgage lenders pull deals and increase rates amid interest rate chaos
A number of lenders have now suspended mortgage deals after a drop in the pound fuelled forecasts of rising interest rates.
OPINION: Why Liz ‘Thatcher’ needs to hold her nerve
The new prime minister has been in power for just a matter of days and she’s already being trashed by the left, the Twitterati and the mainstream media. Why?
New tax rules for homebuyers announced
The changes have been brought forward as a result of changes to stamp duty land tax announced by the UK government in last week’s financial statement.
Government warned that sweeping changes could see ‘more landlords leaving the market’
Buy-to-let landlords are already under immense pressure owed to tax and legislative changes.
An interest rate rise to 6% would hurt homeowners, says Rightmove
Rightmove has warned that the average monthly mortgage payment for a household buying a first-time buyer home would rise to £1,302 if the average mortgage rate rose to 6%.
Best Estate Agent Guide website launched
The 2023 Best Estate Agent Guide has launched online today.
Homebuyers welcome Labour’s plan to get 1.5million Brits on housing ladder
Sir Keir Starmer’s pledge on housing has been welcome by homebuyers.
Brace yourself for a surge in interest rates, economists suggest
The Bank of England has suggested that it is prepared to increase interest rates in response to the drop in the value of the pound.
It remains a seller’s market, says Propertymark
Estate agents report that the winds are still blowing in the seller’s favour, if not quite as strongly as before.