The Conservatives have pledged to hand young people a £5,000 tax rebate towards their first home. The vow came from shadow chancellor Sir Mel Stride, who said his party’s ‘first-job bonus’ would go to people in full-time work, with their national insurance payments diverted… The post Conservatives vow to hand £5,000 tax rebate to FTBs appeared first on Mortgage Strategy.
HSBC has introduced top slicing alongside its buy-to-let mortgages. The bank says the move allows the personal income of borrowers to supplement rental income in affordability assessments, “unlocking greater borrowing potential, especially in lower-yield areas”. Landlords whose rental income falls short of a property’s… The post HSBC launches top slicing for landlord loans appeared first on Mortgage Strategy.
Shawbrook has announced plans to float on the London Stock Exchange, in a move that could value the specialist lender at £2bn, which would make it the biggest initial public offering in London this year. The bank, founded in 2011, offers mortgages for professional landlords,… The post Shawbrook confirms London IPO appeared first on Mortgage Strategy.
Plans to cut homebuying by a month and save buyers over £700 have been launched by the housing department. Labour has launched a Home Buying and Selling Reform consultation, which it says “will speed up the sluggish housing market by halving the number of failed sales,… The post Govt plans homebuying ‘shake up’ to cut time and costs appeared first on Mortgage Strategy.
The Cumberland Building Society has announced that Stuart Miller will take on the role as chief executive, subject to regulatory approval. Miller joins from Newcastle Building Society and brings over 38 years of experience in financial services. He will succeed Des Moore in 2026, following… The post The Cumberland appoints Miller as chief exec appeared first on Mortgage Strategy.
