Day: July 2, 2025

Tenants get legal aid boost ahead of Renters’ Rights Bill  

Renters facing eviction will get greater access to legal aid after at least a 24% boost to funding for these cases, ahead of the Renters’ Rights Bill expected to come into law later this year.   The Ministry of Justice says it will lift the… The post Tenants get legal aid boost ahead of Renters’ Rights Bill   appeared first on Mortgage Strategy.

Gen H and London Credit make rate reductions

Gen H has made rate cuts across its range, including its recently launched interest only products. Rates now start from 4.89% for capital repayment products and 4.99% for interest only.  The lender’s 90% and 95% loan-to-values (LTVs) rates have been cut by 15 basis points… The post Gen H and London Credit make rate reductions appeared first on Mortgage Strategy.

Rayner plans 300,000 social homes with higher standards over next decade  

Angela Rayner has set out plans to build around 300,000 affordable homes with the £39bn of funding she secured from the spending review.   The Deputy Prime Minister and housing secretary adds that at least 60% of homes will be for social rent, linked to… The post Rayner plans 300,000 social homes with higher standards over next decade   appeared first on Mortgage Strategy.

Close Brothers Property Finance MD Thomas to retire

Close Brothers managing director of Property Finance Rowland Thomas will be retiring from his role at the end of the month following 38 years with the lender. The company has confirmed that deputy managing director, Daniel Joyce, will step into his shoes. Thomas has played… The post Close Brothers Property Finance MD Thomas to retire appeared first on Mortgage Strategy.

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