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Ireland boosts Help to Buy as UK prepares new first-time buyer scheme

Ireland has increased the maximum support available to first-time buyers under its Help to Buy scheme to €35,000, as the UK government prepares to unveil its own new homeownership scheme. The €5,000 increase was announced as part of Ireland’s 2027 Budget and is intended to...
Economy

Reeves ranked least successful of five recent chancellors in poll

Rachel Reeves has been rated the least successful of the past five chancellors in a poll of British adults, with 26% of respondents choosing her. Kwasi Kwarteng was second in the ranking, selected by 22%, while 7% named Rishi Sunak as the least successful. Reeves attracted...

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New bonus rules would make large mortgages hard to get

32% of IFAs say that their clients are expecting at least half of their...
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OFT takes action against payday lender

The Office of Fair Trading (OFT) has imposed requirements on payday lender Safeloans Limited,...
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FSA changes Remuneration Code

The FSA has published a revised Remuneration Code to take into account changes required...
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Confidence of London buyers on the wane?

The average LTV on London purchase mortgage applications in November was 63.7%, down from...
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Rents end the year on a high

Rents rose for the 10th consecutive month, according to the latest Buy-to-Let Index from...
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AFB could be shut down or merged with AMI

The director of the Association of Finance Brokers (AFB) says it's not inconceivable the...
News

Fixed rates continue rise in popularity

The percentage of people choosing fixed rate over variable rate mortgages (purchase and remortgage)...
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Scottish Equitable fined £2.8m plus £60m customer redress

The FSA has fined Scottish Equitable Plc £2.8 million for causing "significant consumer detriment""...
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Firm hit for trading without a CCL

The Office of Fair Trading (OFT) has secured a conviction against London North Securities...
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New associate member at the CML

Oriel Securities has joined the Council of Mortgages Lenders (CML) as an associate member. Oriel...
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3mc added to Ingard panel

Essex-based network Ingard Financial has appointed 3mc to its lending panel. Nikki Haworth, sales and...
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Brits improve financial management skills

27 million (57%) British banking customers are more confident about how they manage their...
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News

Ireland boosts Help to Buy as UK prepares new first-time buyer scheme

Ireland has increased the maximum support available to first-time buyers under its Help to...
Economy

Reeves ranked least successful of five recent chancellors in poll

Rachel Reeves has been rated the least successful of the past five chancellors in...
Building Societies

Teachers for Intermediaries raises new-build LTV limit to 95%

Teachers for Intermediaries has increased its maximum LTV on new-build houses and flats to...
Building Societies

Cambridge BS opens applications for deposit-building Rent to Home scheme

The Cambridge Building Society has opened applications for its Rent to Home property in...