Move hopes to push lenders to offer more high loan-to-income mortgages and help 36,000 buyers on to the housing ladderBusiness live – latest updatesThe Bank of England has rolled out looser mortgage rules that policymakers...
Read MoreCity wants more investment in stocks but move could reduce availability of mortgages for first-time buyers Britain’s biggest building society has waded into a row over whether the government should cut tax breaks on cash...
Read MoreRolling live news coverage of business, economics and financial markets as disruption to UK air travel continues into third dayWillie Walsh said said he finds it “staggering” that a single corrupted flight plan could...
Read MoreAfter a meeting between Jeremy Hunt and bankers at No 10, Nikhil Rathi says there will be ‘no repeat’ of 2008Mounting mortgage pressures will not tip Britain into the tidal waves of repossessions witnessed in recent...
Read MorePrime minister says no new support available for households struggling to pay loans Business live – latest updatesRishi Sunak has ruled out extra help for homeowners struggling to pay soaring mortgage costs, as the average...
Read MorePM says no new support available for households struggling to pay loansRishi Sunak has ruled out extra help for homeowners struggling to pay soaring mortgage costs.The prime minister said that the government should “stick...
Read MoreApprovals at lowest since 2009 – bar during Covid lockdown – as demand for new homes continues to fallBritain’s mortgage market has contracted for a fifth month in a row, official figures show, as the jump in...
Read MoreNationwide warns inflation and rising interest rates will weigh down housing marketUK house prices fell at the fastest pace in two and a half years in November as the fallout from Liz Truss’ disastrous mini-budget put...
Read MoreHomebuyers face higher interest costs, as lending figures slump to lowest monthly total since June 2020The chaos in the mortgage market that followed Kwasi Kwarteng’s now infamous mini-budget led to a 10% fall in the...
Read MoreInitiative may continue beyond December as bank bosses raise concerns over mortgage marketThe chancellor is considering extending the government’s mortgage guarantee scheme after UK bank bosses raised concerns over the...
Read MoreLenders began pulling products on Monday as they struggled to price products amid financial uncertaintyKwasi Kwarteng’s mini-budget: key points at a glanceMore than 40% of available mortgages have been withdrawn from the...
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