Mortgage

OBR forecasts reveal barriers to homeownership set to increase

The barriers to homeownership will continue to rise higher locking out thousands of people particularly first-time buyers, according to forecasts...

HSBC’s Beardshaw elected Imla management committee chair   

HSBC UK head of sales, mortgage Intermediaries Richard Beardshaw has been elected as the management committee chair of the Intermediary...

Record IHT receipts set to top £47bn: OBR   

Inheritance tax will rise by £2.1bn to £47.1bn over the next five years, according to the Autumn Statement forecast from...

Paul Brett leaves Landbay after seven years

Landbay managing director for intermediaries Paul Brett has left the business after seven years. Brett, who wound up his role...

BSA chief frustrated no move on Lisa for housebuyers

The Building Society Association has expressed disappointment that the Autumn Statement made no mention of changes to Lisa limits. There...

Foundation Home Loans cut rates on BTL range

Foundation Home Loans has cut rates on a number of buy-to-let limited edition products and launched a new five-year limited...

Lendco reduces landlord rates by up to 63bps 

Lendco has cut landlord rates, with two- and five-year fixed-rate deals falling by up to 63 basis points. The broker-only...

Universal Credit to increase by 6.7%: Autumn Statement

Chancellor Jeremy Hunt has announced plans to increase Universal Credit and other benefits from April 2024. The 6.7% rise is...

Hunt announces plan to speed up planning applications

Chancellor Jeremy Hunt has confirmed that planning laws will be changed to allow for faster planning applications. Hunt made the...

Chancellor scraps Class 2 National Insurance charge

In what he referred to as a ‘major reform’ to benefit the self-employed, Chancellor Jeremy Hunt explained that the Class...

Chancellor leaves inheritance tax untouched

Chancellor Jeremy Hunt has left inheritance tax untouched in the Autumn Statement in favour of cutting National Insurance and business...

Disappointment at lack of mortgage industry focus in Autumn Statement

Mortgage borrowers and landlords were largely missed out of today’s Autumn Statement, with several industry commentators expressing their disappointment. While...