Thursday 25th of May 2017 04:30:19 AM
...."Mortgage figures have nosedived following a strong first quarter, with every single region experiencing a notable slump in sales," said John Driscoll, director at Equifax Touchstone. "Government measures to cool buy-to-let
property sales, including the phased cuts to mortgage interest tax relief which started on 1 April, have no doubt played a role in diminishing sales figures last month. ...
[Read full article on BBC
Tuesday 23rd of May 2017 10:32:02 AM
....Competition in the mortgage market also dented profits. Nationwide is the UK’s second-largest mortgage lender and while its total mortgage lending rose 3%, its buy-to-let
lending fell by 36% after last year’s move to toughen the terms on which it would lend to landlords. ...
[Read full article on Guardian
Tuesday 23rd of May 2017 04:13:14 PM