Category: Mortgages

What you need to know about Your First Home scheme for first-time buyers

Chancellor fleshes out details of scheme unveiled last month to help 70,000 households on to the property ladderBudget 2026: key points at a glanceIncome tax: How much more will you pay?Nils Pratley: Labour’s modest reheat of...

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Help-to-Buy scheme delivered ‘very high value for money,’ review finds

Exclusive: George Osborne’s programme to reduce costs for first-time buyers delivered £25bn in social value in UK last yearGeorge Osborne’s scheme to reduce costs for first-time buyers represented “very high value for money”,...

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UK interest rate cuts unlikely this year amid Iran war – and a rise could be ahead

Markets predict Bank of England will hold rates in 2026 as bond yields soar on forecasts of prolonged conflictIran war drives oil prices above $100 a barrelBusiness live – latest updatesUK interest rates are not expected to be...

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Survivor of financial abuse invited to advise ministers after Guardian report

City minister Lucy Rigby acts after woman faced repossession of house burned down by controlling husbandA woman who was nearly killed by her abusive husband has been invited to advise the government on measures to support...

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Reeves’s plan to cut cash Isa limit could raise mortgage rates, say finance bosses

Building societies fear consumers will be put off from saving if chancellor’s budget announces a 40% reductionBusiness live – latest updatesRachel Reeves’s plan to slash the annual cash Isa limit by 40% could lead to higher...

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Bank of England rolls out looser mortgage rules to help first-time buyers

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 hope...

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Nationwide warns Reeves against cutting tax breaks on cash Isas

City 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 Isas,...

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UK house prices stabilise as rising wages and consumer confidence steady market

Average price of a home dipped by 0.1%, says Halifax, bringing cost of typical property down to £288,688Business live – latest updatesUK house prices held steady in May underpinned by rising wages and an increase in economic...

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