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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…
Leeds Building Society has launched two new fixed-rate holiday let products as the post-lockdown holiday market creates more opportunities for investors. The lender experienced its biggest-ever month for holiday let purchase applications in September 2020. Leeds BS aniticipates that due to ongoing pandemic uncertainty, Britons will holiday in the UK this year. Thus, keeping the…
Owning a home is a keystone of wealth… both financial affluence and emotional security.