Stay updated with breaking news from Jeni Browne. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
It is one year since former prime minister Liz Truss’s ‘Mini-Budget’ created a month of madness in the mortgage sector. The raft of unfunded tax cuts caused turmoil across stock and currency markets. With the value of the pound tanking and gilt yields spiking, it became clear that interest rates would have to rise,
Rising interest rates, volatility in swap markets and stretched affordability calculations have created difficulties for landlords looking to buy or remortgage existing properties, an issue not helped by the more restricted range of mortgage deals now available. Earlier this year the Department for Levelling Up,
Making a living as a landlord has become a lot tougher. This has driven many investors to look at houseshares. A house in multiple occupation (HMO) is a property rented by three or more tenants who are not from the same household
The call to reinstate full mortgage interest tax relief for two million landlords follows a raft of exemptions that have been stripped from buy-to-let (BTL) investors and replaced with tighter regulations over much of the past decade. This move would prevent the loss of 110,000 private rented homes over four years,
Green mortgages could play a key part in reducing carbon emissions in the UK, helping the country meet its net-zero targets. This is certainly the view of regulators, with the Financial Conduct Authority’s director of retail banking, David Geale, recently calling for more product innovation in this area to help