mortgage payments
Home lenders urged to take rental payments into account
Home lenders in the UK should recognise rental payments when making lending decisions, as new research unveils that rental rates are rising rapidly when typical monthly mortgage payments for first time buyers are falling. In the UK private tenants paid more for their accommodation in 57% of districts during the third quarter of this year, […] The post Home lenders urged to take rental payments into account appeared first on PropertyWire . Continue reading →
UK financial watchdog reveals mortgage lending glitch
More than 750,000 mortgage borrowers in the UK could be in line for compensation as a result of their bank overcharging them when they fell behind on repayments. Financial watchdog, the Financial Conduct Authority, has revealed that technical glitches in many lenders’ systems had resulted in hundreds of thousands of customers being hit with excessive […] The post UK financial watchdog reveals mortgage lending glitch appeared first on PropertyWire . Continue reading →
Mortgage tax relief change in UK will not deter majority of landlords
Most landlords in the UK plan to continue business as usual despite the recent raft of political changes, including net year’s cut on mortgage payment tax relief, a new survey has found. Four in five landlords have no intention of changing their plans to invest in buy to let properties, despite fears that Brexit would […] The post Mortgage tax relief change in UK will not deter majority of landlords appeared first on PropertyWire . Continue reading →