Mortgages

How Gordon Brown could tempt Labour into a stealth ‘mortgage tax’

How Gordon Brown could tempt Labour into a stealth ‘mortgage tax’

Business
Robert Johnson

Paul Tucker, a former deputy governor of the Bank, argued in an influential 2022 paper that the scale of the payments caused ...

Almost 150,000 landlords facing ‘significant’ jump in mortgage costs in 2024

Almost 150,000 landlords facing ‘significant’ jump in mortgage costs in 2024

Business
Robert Johnson

Reductions in tax relief on buy-to-let mortgages, which were phased in between 2017 and 2020, have amplified the impact of higher rates ...

I completely dodged the mortgage crisis – and I’m feeling pretty smug

I completely dodged the mortgage crisis – and I’m feeling pretty smug

Business
Robert Johnson

The more money you have in your offset savings account the more your mortgage bill falls. Of course, most do not have ...

Bank of England warns private credit poses threat to financial stability

Bank of England warns private credit poses threat to financial stability

Business
Robert Johnson

Sarah Breeden, the Bank’s deputy governor with responsibility for financial stability, said risky corporate lending “is a business model that has grown ...

Mortgage price war ramps up as Rishi Sunak prepares to claim inflation victory

Mortgage price war ramps up as Rishi Sunak prepares to claim inflation victory

Business
Robert Johnson

Halifax, which is part of Lloyds Banking Group, Britain’s biggest lender, said it was cutting its mortgage rates by up to 0.46 ...