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
August 6th, 2015
The Bank of England has today held its Base Rate of interest at 0.5%, following the monthly meeting of its Monetary Policy Committee.
The Committee, which meets monthly to discuss and vote on the Base Rate, has held... Read More
August 4th, 2015
Another lender has joined the contractor-friendly ranks. Nationwide, the UK’s largest building society; has today opened its criteria up to those working on fixed-term contracts.
The lender, also one of the top t... Read More
