Portfolio landlord-focused bank ‘Monument’ gains full licence
This means the bank can now take public deposits, using them to fund mortgage and bridging loans.
Mortgages & Finance
The regions where buyers can negotiate down the asking price
This means buyers in the region are commonly able to get a reduction of nearly £17,000 from the purchase price.
Government to tighten Airbnb loophole
Currently hosts can advertise second homes as a holiday and therefore apply for rate relief for small businesses.
Green mortgages have barely had any impact
This year has seen a host of lenders unveil green mortgage products, both in the buy-to-let and residential spaces – but clearly they’re not doing much business.
Hodge cuts holiday let mortgages
There is also a 5-year fix to 75% LTV, which has been cut from 4.05% to 3.95%.
Nationwide: Housing market “extremely uncertain” in 2022
The housing market’s performance will be extremely uncertain next year, according to Nationwide.
Bank base rate held in “close call”
Afterwards Bank Governor Andrew Bailey said the decision was a “close call”, adding that the next rate rise is coming “from now onwards”.
Savills urges government – use stamp duty and council tax to drive green housing
The UK needs a huge £330bn to bring all of its stock to an EPC level of C according to Savills
Luton man’s house ‘stolen’ and sold by fraudster
Reverend Mike Hall was contacted by the neighbours who said somebody was in his home.
Government funding ignores 78% of homes under minimum EPC standards
Funding of £4.3m was offered to just 59 councils in the Autumn Budget, ignoring 281 local authorities that collectively account for 78%, or 83,208, non-compliant properties.
