Boris Johnson has announced the “most radical” reforms of the planning system since the end of the Second World War, as he pledged to “build a more beautiful Britain”. The Prime Minister pledged to “build better and build greener”, adding: “but we will also build faster”. It will become easier to get permission to turn…
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Cambridge University has announced plans to go online for the academic year 2020-2021. They have decided to suspend in-person lectures for the 2020/2021 academic year. The university has also confirmed that its smaller group teaching will continue to be in person. The plans risking significant impact on HMO landlord and investor. HMO’ stands for ‘house…
Nationwide one of Britain’s biggest mortgage lenders has decided to triple the minimum deposit for first-time buyers. From Thursday it will withdraw all its new loan deals where the first-time buyer only puts up a 5% deposit and set a new minimum deposit of 15%. Nationwide revealed it was making the move to protect new…
Halifax, HSBC, NatWest and Virgin Money have all updated their lending policies. They are changing their mortgage rates. Virgin Money has increased mortgage rates by up to 0.49% on 2, 3, and 5-year fixes to 90% LTV with a £995 fee, while there also increased to its 7-year and 10-year fixes. NatWest is also making…