Plea to landlords to stay calm as buy-to-let loan deals disappear

Landlords are being warned to prepare for a rise in mortgage rates that will force many to sell or create financial misery for their tenants with rent increases. The increases could squeeze hundreds of thousands of homeowners who invested in buy-to-let properties for income in old age. Last week, more than 1,000 mortgage deals were … Read more

Millions face rocketing mortgages bills as base rate tipped to reach 6%

Skyrocketing interest rates could add more than £13bn to household mortgage bills by the end of next year, according to new analysis for The Mail on Sunday. The staggering extra cost threatens to put another hole in family budgets at a time when many families are struggling due to the cost-of-living crisis. The Bank of … Read more

Heavily-mortgaged generation will pay the price for UK’s rate crisis

The events of the past week have been staggering, as Britain has gone from trudging through difficult financial times to full-scale Bank of England intervention. The UK economy doesn’t exist in isolation and much of the rest of the world is also being hit by the storm of inflation and a strong dollar, but it’s … Read more

Will Kwasi’s Stamp Duty cut stave off a house price crash?

Britain’s usually manic property market all but ground to a halt in the days before Chancellor Kwasi Kwarteng’s mini-budget. Transactions were put on hold, real estate agents’ phones stopped ringing, and desperate sellers failed to lower prices to attract buyers. Rumors that the government was about to launch a stamp duty holiday had been circulating … Read more

The little-known equity release terms that could cost borrowers an extra £20,000

Capital release demand is skyrocketing: a record £1.6 billion it was unlocked from the value of borrowers’ homes in the second quarter of 2022. While a series of regulatory changes have improved standards in the industry, there are still terms and conditions that can catch people out. Many people considering a principal release will be … Read more

Joy for first time buyers – better off by up to £11,250

Home buyers are celebrating after Foreign Minister Kwasi Kwarteng removed the stamp duty in his mini-budget on Friday. Removal companies will save up to £2,500 and a further 200,000 homebuyers each year will not pay stamp duty. As well as putting money back in buyers’ pockets, Kwarteng said he hoped the move would “support growth, … Read more

Unilever chief Alan Jope set to step down after failed Glaxo bid

Unilever boss Alan Jope is set to resign after a failed £50bn bid to acquire Glaxo’s consumer healthcare business By John Paul Ford Rojas for The Daily Mail Published: 5:11 PM EDT, September 26, 2022 | Updated: 5:11 PM EDT, September 26, 2022 The boss of Marmite to Magnum maker Unilever is retiring, months after … Read more

Food, healthcare and restaurants: Compare cost of living around the world with this tool

Moving abroad is exciting in many ways, but it also requires a lot of research, from where you’ll be living to how you’ll get there and the language you will need to learn. Cost of living is an important decision when choosing your new home, particularly in today’s economic climate. It’s especially important for those … Read more

Wealthy buyers ditch prime central London for the Home Counties

Britain’s wealthiest homebuyers are abandoning their traditional London plots and moving en masse to the Home Counties, new research shows. the the most dazzling zip codes in the capital have suddenly fallen out of favor with premium buyers in England and Wales, who are increasingly snapping up country houses in places like Surrey, Buckinghamshire and … Read more