Finance
‘Another clear sign that it will be a challenging year for the housing market’: Industry reactions to the latest BoE mortgage data
Prime property insiders offer their take on new Bank of England data, highlighting a steep drop-off in mortgage lending at the end of last year - featuring Savills, Knight Frank, SPF Private Clients and…
Lloyds backs LendInvest’s move into homeowner mortgages
Fintech firm LendInvest has made a big move into the home-owner mortgage market, targeting borrowers with multiple sources of income, the self-employed and small-business owner
‘Time to tax the rich’: Campaigners pitch four proposals to curb the growing wealth divide
'Greater taxation of rich people is not the only answer to the inequality crisis, but it is a fundamental part of it,' says Oxfam.
Précis Capital secures £1bn backing from Canadian investor; rebrands
Recently-launched real estate lender has significantly increased its firepower, and rebranded to Precede Capital.
Tom Bill: ‘Taking the right mortgage at the right time could prove more fruitful than waiting for prices to bottom out’
Track the mortgage market not house price data to get the timing right in 2023, says KF's head of UK resi research.
Mortgage approvals drop to lowest level since June 2020
Fewer house purchase mortgages were approved in November 2022, as interest rates climbed.
Los Angeles Times: L.A.’s rich are already scheming ways to avoid new ‘mansion tax’
'Rich people are very clever,' says a real estate broker in California. 'They know how to manage cash, and they have time to look for loopholes.'
BoE bumps interest rates up again, to 3.5%
Interest rates continue to climb as the BoE attempts to bring CPI inflation down.
On a rare mixed-use SDLT success for the taxpayer
The buyer of a barn conversion with 39 acres has managed to pull-off a 'rare win' to pay the lower Stamp Duty rate for mixed-use properties, says Helen Coward of Charles Russell Speechlys.
Mike Boles: What’s in store for high-value mortgages?
It's been a turbulent few weeks on the lending front: Mike Boles explains what this means for borrowers...
Home-buyers pick longer mortgage terms
Over a quarter of home-mover mortgages secured in Q3 were for terms of more than 30 years, up from fewer than one in ten a decade ago.
Mortgage lending slumps as interest rates rise
The latest Bank of England data shows a sharp drop in mortgage lending and mortgage approvals in the aftermath of the short-lived mini-Budget.