
Tax breaks add £14 billion to landlord buy-to-let income boosting the sector while first time buyers are priced out of the market.
Tax breaks add £14 billion to landlord buy-to-let income boosting the sector while first time buyers are priced out of the market.
The value of landlord property near the £1 trillion level with income of £112 billion as the buy-to-let sector continues to grow.
Mortgage lending to first time buyers in Greater London is 16% lower to the previous quarter according to the latest CML report.
The average first time buyer now needs a salary of £77,000to buy a home, says KPMG, as house prices continue to rise.
Data from the Halifax shows UK house prices increased by 1.6% last month and by 8.5% over the last year.
A new two year fixed rate mortgage from the Co-Operative Bank offers only 1.09% interest and borrowers must pay a high £1,500 fee.
New pension freedoms have increased the number of buy-to-let mortgages reducing the cost with new cheap deals.
The lowest ever five-year fixed rate mortgage deal was launched by HSBC as competition between lenders for new business intensifies.
A survey sponsored by Shelter shows that half of parents expect their children would require an inheritance from them to buy their first home.
Data from Rightmore reveals property prices have reached a new high due to a lack of sellers and more people looking to buy.