Adding national insurance on rental income would be a “tax on working people,” says a housing committee chaired by former Liberal Democrat leader Sir Vince Cable. His comments come after the first meeting of the Independent Housing Policy and Delivery Oversight Committee, which the… The post National insurance on rental income tax on ‘working people’: Housing body appeared first on Mortgage Strategy.
It is taking more than 11 years across the UK for first-time buyers (FTBs) to save for a 15% deposit, research from Pepper Money reveals. Using data from the UK Land Registry and ONS median salary figures, Pepper Money says if the average property value… The post FTBs have to save for 11 years for 15% deposit: Pepper Money appeared first on Mortgage Strategy.
A new broker network Altura Mortgage Finance has launched, which aims to “future-proof brokers at a time of radical change in the mortgage industry”. The London-based group starts with eight broker firms under its umbrella, and plans to target “forward-thinking brokers who want to make the… The post New broker network Altura launches with plans to ‘future-proof’ brokers appeared first on Mortgage Strategy.
Mortgage searches increased to 1,675,984 in September, compared with 1,558,230 in August, Twenty7tec data reveals. The latest figures show searches are up overall by 1.51% year on year and 7.56% month on month. While Twenty7tec says it looks like a market in recovery, it is… The post Remortgage spike masks FTB slump in September: Twenty7tec appeared first on Mortgage Strategy.
Up to 8,500 Affordable Homes that are scheduled to be built over the next year are at risk of standing empty, the Home Builders Federation has warned. The trade body says that more than 700 developments have stalled as social housing providers have reduced their… The post Up to 8,500 affordable homes at risk of standing empty appeared first on Mortgage Strategy.
