Finance

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First time buyers buckle under burden

Figures from the Council of Mortgage Lenders (CML) show that first timers are now borrowing an average of 3.33 times their incomes to buy a home.

 

Credit rating myths

Modern life depends on our ability to borrow - but what we think contributes to that crucial credit rating and what actually matters are two very different things.

 

Buy-to-let tax clamp down

The taxman is preparing to clamp down on tens of thousands of buy-to-let property owners.

 

Home Packs delayed to August

Home Information Packs due to launch on 1st June will now be delayed until 1 August and phased in.

 

Tories fail in bid to stop home packs

The Conservatives have failed in their bid to scrap Home Information Packs, after losing a vote in the Commons.

 

UK interest rates rise to 5.5 per cent

The Bank of England has voted to raise interest rates by a quarter of a percentage point to 5.5%.

 

Mortgage approvals fall

By 12% in March.

 
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