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Recent economic indicators suggest a positive shift for UK mortgage holders. The annual inflation rate in the UK edged up for a second month to 2.6% in November 2024 from 2.3% in October, matching forecasts (Trading Economics). This development could have significant implications for UK mortgage interest rates and housing affordability. Impact on UK Mortgage…
Effect of Brexit Referendum on the Investment in Housing Market UK The Brexit Referendum was announced on February 22, 2016. Not only the actual referendum results but also the announcement caused severe impacts on the economy of the UK. The Brexit Referendum results were unforeseen and pushed the UK economy towards uncertainty. The housing market…
The Mortgage Works launches a new five-year fixed rate BTL 50% LTV mortgage. The Mortgage Works is a specialist lending business of Nationwide Building Society. They are helping new and existing landlords to buy a property, remortgage or borrow more on an existing one. The lender is offering the following BTL 50% LTV mortgage: Purchase…
The UK government is always committed to supporting people who want to become homeowners. The government is helping over 681,000 households to purchase a home since 2010. For this purpose, the government has initiated many government-backed schemes including Help to Buy and Right to Buy. However, many hard-working households are still unable to go onto the…
Owning a home is a keystone of wealth… both financial affluence and emotional security.
