Chancellor trims spending plans Rachel Reeves delivered her Spring Statement on 26 March, unveiling welfare cuts and spending reductions in order to balance the government’s books in the face of a worsening fiscal outlook. The new spending plans were required to ensure the Chancellor stays on track...
Investing in property has long been considered a robust way to build wealth, and Buy to Let (BTL) investing remains one of the most popular avenues for doing so. If you’re a landlord, property investor, or dipping your toes into investment for the first time,...
Falling Bank Rate offers boost to mortgage holders Buyers busy in active housing market The Bank of England cut Bank Rate from 4.75% to 4.5% at the latest meeting of its Monetary Policy Committee (MPC) in early February. Although the 0.25 basis point cut had been widely expected,...
The recent trajectory of interest rates has undoubtedly been at the forefront of everyone's thoughts. However, in a surprising turn of events, the Bank of England's base rate has recently remained stable following a remarkable streak of 14 consecutive increases. Various factors have played a significant...
Buying your first home can sometimes be difficult to navigate however there are a few schemes available through the government and some of the UK’s housing delevopers. Read on to find out about a few different housing schemes. Lifetime ISA (LISA) The Lifetime ISA (LISA) is a...
As a landlord, staying informed about regulatory changes is a crucial aspect of managing your properties effectively and recently, many have been wondering when the proposed Energy Performance Certificate (EPC) updates were due to roll out. These updates have now been put on hold, offering...
What are Swap Rates? Swap rates, also known as interest rate swaps, allow two parties to exchange interest rate cash flows over a specified period. In the context of mortgages, banks and lenders use interest rate swaps to manage their own exposure to interest rate fluctuations. So...
As daffodils and tulips bloom across gardens around the country, the prospect of new starts – and better weather – can help lift people’s spirits. As part of your spring ‘self-care’ workout, it’s a great time to make sure your finances are on track. Looking after...
Skipton Building Society is now offering a 100% mortgages for first-time home buyers who are currently renting. For the first time since 2008, there is now a no-deposit deal – that doesn't require a guarantor's backing available to those who qualify for the following: Are a...