News
Thousands of Landlords to Face Quarterly Tax Reporting Under New HMRC Rules
Landlords across Britain are being warned to prepare for a major tax shake-up that will affect thousands from April 2026. Under new HMRC rules, many property owners will soon have to report their rental income and expenses to the taxman every three months, rather than just once a year 1. What Is Changing? The changes…
Read MoreYoung Homeowners Risk Losing Homes as Thousands Remain Unprotected
Thousands of young homeowners are putting themselves at risk of losing their homes because many have no insurance cover to protect against life’s unexpected shocks. New research has revealed that a large number of people aged 18 to 34 have little understanding of essential financial protection, and even fewer have taken steps to safeguard themselves1.…
Read MoreMore Lenders Slash Income Barriers for Bigger Mortgages as First-Time Buyers Get a Boost
First-time buyers across the country are set to benefit as a growing number of high street lenders follow Skipton Building Society’s lead in lowering the income required to borrow more against your salary. Just days after Skipton announced it would cut its minimum income threshold for higher loan-to-income mortgages from £50,000 to £40,000, Nationwide and…
Read MoreThe Bank of England Cuts Interest Rates to 4.00%
What this could mean for your mortgage. In a move widely anticipated by markets, the Bank of England has reduced the base interest rate from 4.25% to 4.00% today. This marks a further step in the Bank of England’s shift away from the cycle of rate hikes that saw interest rates reach a 16-year high.…
Read MoreIs Your Mortgage Deal Ending in Early 2026? Why Now Is the Time to Act
Homeowners whose fixed-rate mortgage deals expire in early 2026 are being urged to start planning ahead, as a new wave of rate rises and higher payments could be on the horizon. UK Finance data shows that around 1.6 million fixed-rate mortgage deals are due to end in 2025, with a similarly high number expected to…
Read MoreIs Your Five-Year Fixed Mortgage Ending? Here’s What You Need to Know
Is Your Five-Year Fixed Mortgage Ending? Here’s What You Need to Know If your five-year fixed mortgage deal is coming to an end, you might be wondering what to do next. Many homeowners who locked in a low fixed rate several years ago are now facing a different mortgage market, where rates have changed. With…
Read MoreBuying a Home in a Flood Risk Area: What You Need to Know
Buying a Home in a Flood Risk Area: What You Need to Know Purchasing a home is one of the most significant decisions you’ll ever make, so it’s crucial to consider all potential risks before committing. This winter, flooding has once again made the headlines, affecting many homes across the UK, and highlighting the importance…
Read MoreWhy are Tracker Mortgages becoming so popular?
Why are Tracker Mortgages becoming so popular? Tracker mortgages have gained significant traction in the UK housing market throughout 2024, with recent data showing a 67% surge in uptake compared to 2021.1 The appeal of these products stems from their flexible nature, offering interest rates that follow the Bank of England’s base rate, which has…
Read MoreChancellor Rachel Reeves has delivered Labour’s first Budget since 2010, after the party’s return to power in July’s general election.
Chancellor Rachel Reeves has delivered Labour’s first Budget since 2010, after the party’s return to power in July’s general election. We wanted to provide you with a summary of the most notable points that were made in yesterday’s speech. Personal taxes Freeze on income tax and National Insurance thresholds to end in 2028, preventing people…
Read MoreFirst-Time Buyers: Two Months Left to Save up to £15,000 in Stamp Duty
First-Time Buyers: Two Months Left to Save up to £15,000 in Stamp Duty Time is running out for first-time buyers looking to save big on their property purchase. According to new research from Zoopla1, buyers have just two months left to take advantage of the current stamp duty relief before rates rise, potentially saving as…
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