Blog

Barclays has reduced rates on its Woolwich mortgages (80% LTV) by up to 0.21% and at the same time has introduced a drop lock facility for all new mortgage customers. The key reductions across the 80% LTV range include a cut of 0.21% on a two year fixed from 4.59% to 4.38%, 0.10%...

DUBLIN City Council says it has been ?inundated? with applications for a rent-to-buy scheme for 91 apartments in Rialto, Glasnevin and Finglas. The scheme, launched on Tuesday, attracted ?hundreds? of calls, according to a DCC spokesperson. ?At one stage there were 64 callers in...

Experts say axing the scheme would put thousands at risk of being turfed out on the street. The Department for Communities and Local Government said today that the Mortgage Rescue Scheme would suffer spending cuts as part of a wider review into mortgage support schemes offered by...

Today?s consultation paper forms the first follow up to the Mortgage Market Review discussion paper published in October 2009. Consultation on these proposals will close in November 2010. Reflecting the FSA’s enhanced consumer protection strategy and intensive day-to-day...

LoveMoney.com has today issued a list of its top BTL fixed rates followed by its top BTL variable rates, as follows: Lender; Term; Rate; Maximum loan-to-value; Fees. The Mortgage Works, One-year fixed, 3.99 per cent, 60 per cent, 2.5 per cent of advance. The Mortgage Works,...

House prices fall for the third month in a row during June as the housing market recovery showed further signs of faltering, according to the Halifax. The average price of a home fell by 0.6% during the month to ?166,203, following a 0.5% slide in May and a 0.1% decline in April,...

As of the 30th of June 2010 the FSA began the new full regulatory regime for the sale and rent back sector. The new format is said to be an extension and strengthening of the existing interim regime, which has been in force since June 2009. This supports the recommendation made...

New warnings have been issued by a major accountancy firm that Landlords are at risk of Tax investigations. Over the past couple of years we have regularly warned that HMRC (The Tax Man) is targeting Landlords. Whilst we believe that the Revenue is entitled to all the Tax it...