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Leeds Building Society launches more flexible home lending products

Demand from borrowers for more flexible home lending products has resulted in more offerings from the Leeds Building Society with the aim of improving lending into retirement and borrower choice. The Society has increased the maximum term from 25 years up to 40 where the customer is borrowing past their stated retirement age and borrowers […] The post Leeds Building Society launches more flexible home lending products appeared first on PropertyWire . Continue reading

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UK Government to push ahead with more new home building on brown belt land

The UK Government is to provide more for new home building with developments being fast tracked on brown belt land such as abandoned shopping centres, derelict rail stations and run down town centres. Communities Secretary Sajid Javid announced details of a £5 billion fund to help build more than 250,000 homes with £2 billion going […] The post UK Government to push ahead with more new home building on brown belt land appeared first on PropertyWire . Continue reading

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Stress tests for UK buy to let mortgages set for start of 2017

Landlords wanting a buy to let mortgage in the UK will face tougher rules from lenders from next year but only for certain products it has been confirmed. But buy to let mortgages with terms of less than five years, or rates fixed for five years or more, are not to be subject to the […] The post Stress tests for UK buy to let mortgages set for start of 2017 appeared first on PropertyWire . Continue reading

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