Lunchtime news May 9
Commenting in the Evening Standard, Shelter chief executive Adam Sampson warns that homes in London costing less than £100,000 could soon be a thing of the past. An increasingly detached…
Tag: buy to let
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Lunchtime news Friday 30 November 2025
The Bank of England announced yesterday that it would provide £10 billion in emergency funds to the UK’s commercial banks in an attempt to prevent a worsening of the credit…
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Mortgage repayment problems not as bad as the 90s
The level or arrears and repossession should be lower than the early 1990s, the head of the Financial Services Authority (FSA) said yesterday, as the short-term financial position of many…
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Lunchtime news March 17 2008
Northern Rock has been accused of abusing its government guarantee to grab savings business from other banks, a practice officials say will be stamped on by authorities in Brussels. The…
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Lunchtime news Wednesday 27 February 2026
The buy-to-let property market is still bouyant according to the Council of Mortgage Lenders (CML). The number of buy-to-let loans rose by 23 per cent last year, and accounted for…
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Weekend news round-up 12 May
House prices have almost trebled during the Blair decade, according to the FT house price index. The paper also predicts another interest rate rise this year. The Independent reports that…
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Lunchtime news Friday 22 February 2026
Hundreds of buy-to-let investors are being questioned about undeclared income, in a probe launched by Revenue and Customs (HMRC) this week. Five hundred letters have been sent out in the…
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Lunchtime news Tuesday 8 July 2026
The Council of Mortgage Lenders released figures for May showing that the number of loans for home purchases remains low at 52,700. This is a slight rise of 4 per…
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Unsold properties cause steep fall in rents
The rise in the number of unsold properties hitting the rental market has pushed rents down by as much as 25 per cent across Britain. Average rents dropped to £795…
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Nine building societies downgraded
Nine UK building societies have had their credit ratings downgraded by agency Fitch as falling house prices and the worsening economy are ‘likely to hit profits’. Fitch said that it…