News

September 15th, 2015

Mortgage giant Virgin Money has this week announced an overhaul of their lending policy, which could see them become a genuine option for many contractors looking for a mortgage.

Until recently, Virgin Money were ve... Read More

September 9th, 2015

The Bank of England have today voted again to keep Base Rate at 0.5%, following this month’s meeting of the Monetary Policy Committee.

The Committee, which votes on changes to Base Rate monthly, has voted to maint... Read More

September 8th, 2015

In the summer budget George Osborne announced that tax relief on buy to let mortgage interest would gradually be reduced to 20%.

Starting from April 2017, Britain’s two million buy to let landlords will no longer ... Read More

September 4th, 2015

Amid concerns that the vast majority of the leading economies are struggling to meet growth expectations, the International Monetary Fund have called for the prominent central banks of the world to hold back from raising i... Read More

August 26th, 2015

Contractor friendly lender Clydesdale Bank has this week reduced its minimum income level for those proving income from their day rate.

Previously, a minimum annualised rate of £75,000 was required, meaning those w... Read More

August 25th, 2015

Dubbed “Black Monday” by stock market traders, yesterday saw the Chinese stock market drop suddenly, after reaching a record high in June. Prior to the shock that yesterday’s activity presented, share prices had been... Read More

August 20th, 2015

Revisions to the tax levy for lenders, introduced during George Osborne’s budget last month, have been called into question by the chief executive of Nationwide. Graham Beale suggested that the changes made would cost th... Read More

August 17th, 2015

A growing number of homeowners are neglecting to adequately protect themselves in the event of financial difficulty, according to recent research by Legal & General.

The survey revealed that 40% of parents of un... Read More

August 13th, 2015

A key figure of the Bank of England’s Monetary Policy Committee has this week revealed just how close we may be to a Base Rate increase.

Speaking to Bloomberg, MPC member David Miles said that he felt there was a ... Read More

August 11th, 2015

One of the key pledges made by the Conservatives, during the party’s election campaign in May, was to provide funds to aid in the development of unused brownfield lands to produce property for first time buyers. The plan... Read More