Angela Rayner Angela Rayner could have housing removed from her portfolio of issues she is responsible for, according to Sky News. On the latest episode of Politics at Sam and Anne’s, the duo discuss rumours that the deputy prime minister could have her role downgraded in an upcoming government reshuffle. It follows a report that … Read more
Yesterday’s bigger-than-expected inflation surge in April has prompted investors to bet on the Bank of England slowing its already gradual pace of interest rate cuts. The annual inflation rate hit 3.5% in April, up from 2.6% in March, as the rise in the cost of household bills pushes UK inflation higher. Water, gas and electricity … Read more
It has been announced this week that two UK lenders – April Mortgages and Gable Mortgages- have now launched products for first-time buyers that do not require the borrower to pay any deposit. While this may be welcome news to many struggling to save enough to step onto the property ladder or unable to rely on the ‘bank of … Read more
UK house prices rose at their fastest pace since the end of 2022 in the 12 months to March, according to official data published on Wednesday. Average house prices increase by an annual 6.4%, the fastest increase since December 2022 and up from a 5.5% increase in February, the Office for National Statistics said. The … Read more
The true scale of mortgage fraud in the UK may be far greater than official enforcement figures suggest, warns Thirdfort. A Freedom of Information request made by the client due diligence platform to the Financial Conduct Authority (FCA) has revealed that there have been only 17 enforcement investigations into mortgage fraud since 2018. According to … Read more