More than a third (34%) of London first-time buyer purchases have exceeded the Lifetime ISA’s £450,000 property price cap in 2026, reallymoving reveals. This is up from 25.7% when the product launched in 2017, which according to reallymoving, highlights the growing gap between the unchanged… The post 34% of London FTB purchases now exceeds LISA price cap: reallymoving appeared first on Mortgage Strategy.
Stamp duty reform is top of the industry’s Autumn Budget wish list, alongside finer details of the new first-time buyer scheme announced last month. Further details of the new first-time buyer scheme are expected to be released next Wednesday. So far, we have been told… The post Stamp duty reform top of industry’s Autumn Budget wish list appeared first on Mortgage Strategy.
Halifax is making discounted mortgage rates for eligible Club Lloyds customers available through brokers from tomorrow. The new Loyalty Club range means qualifying customers buying a home will be able to access the same Club Lloyds mortgage discount whether they apply directly or through Halifax… The post Halifax opens Club Lloyds mortgage discounts to brokers appeared first on Mortgage Strategy.
The number of rooms for lodgers in properties with live-in landlords dipped by 1.4% in the third quarter compared to the same period last year, but this type of room rental still accounts for 29% of the flatshare market. Research by SpareRoom found that rooms… The post Fall in number of rooms available to lodgers: SpareRoom appeared first on Mortgage Strategy.
With millions of underoccupied homes in the UK, Trinity Financial product and communications director Aaron Strutt says it’s “astonishing that successive governments have allowed the Rent a Room scheme to remain unchanged for so long”. The UK government announced the £7,500 tax-free limit for renting… The post Govt needs to update Rent a Room scheme to help tackle housing crisis: Trinity Financial appeared first on Mortgage Strategy.
