affordable mortgages
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Housing Market
Mortgage brokers slam Labour’s Freedom to Buy scheme ‘a sham’
Labour would change the existing mortgage guarantee scheme into a permanent fixture if it wins the Election, but leading brokers are unimpressed.
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Latest property news
Bank reveals latest interest rate decision
The Bank of England and its Governor Andrew Bailey have decided to freeze the base interest rate again this month, keeping it at 5.25%.
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Housing Market
SHOCK: Buy-to-let loans drop by a third as interest rate hikes bite
Analysis of statistics from the Financial Conduct Authority reveals a 37% fall in buy-to-let mortgages.
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Latest property news
KPMG: Bank of England ‘will cut interest rate four times this year’
KPMG says Governor Andrew Bailey and the Bank of England must cut interest rates quickly or the economy will suffer.
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Latest property news
Inflation boost could be ‘starting gun’ for mortgage cuts
Ben Thompson of the Mortgage Advice Bureau says the lowest inflation figure in more than two years might ease mortgage pressures.
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Latest property news
Estate agents lead calls for rate cut as inflation drops
Propertymark says it is the 'ideal time' to cut interest rates as inflation falls to its lowest level in more than two years.
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Latest property news
Agents reject Budget as ‘wasted opportunity’
Two major surveys of estate agents reveal dismay with Jeremy Hunt's 'lacklustre' Budget, and 'inadequate' attempts to boost the property sector.
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Latest property news
Almost all renters unable to buy a property, new findings reveal
Around 85% of tenants cannot afford to purchase their own home, according to research by investment firm Monta Capital.
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Latest property news
Chancellor ‘ditches’ 1% mortgages ahead of Budget after backlash
Reports suggest Chancellor Jeremy Hunt has scrapped plans to introduce a 1% mortgage to help first-time buyers.
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Latest property news
Property expert slams 1% mortgages as ‘unworkable’
Charlie Davidson of law firm Bishop & Sewell says 1% mortgages will leave first time buyers with huge debts.
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