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The Latest Breaking News from Ray Boulger

Are 25-year UK mortgages a thing of the past?

Younger homebuyers are turning to ultra-long loans, prompting fears over the risk to their finances and the wider economy

The Guardian - UK

UK mortgage deals: how to navigate the rollercoaster rates ride

Amid a debate about what is happening to the housing market, what are your options?

The Guardian - UK

Worried about bills? Here’s a financial survival plan

Experts advise what you should do if you are struggling to pay for mortgage, rent, energy or food

The Guardian - UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Rising mortgage rates could mean fewer homes available to rent, MPs told

A committee of MPs heard renters and buy-to-let investors could be strongly hit by rising rates

Wales Online

Buy-to-let sector could be particularly hit by rising mortgage rates, MPs hear

There could be a serious impact on the availability of rental property over the course of the next year or two, the Treasury Committee was told.

The Independent UK

Warning house prices could fall by 15% as banks hike mortgage rates

Veteran mortgage broker says he has not seen market move in such a way since 2008 financial crisis

The Independent UK

House prices could fall by 15% as IMF issues stinging criticism of Tory plan

Leading economists have warned that consumers and the housing market are in for a rough ride following the drop in the value of the pound.

Daily Record

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UK house prices predicted to drop by at least 10% in 2023

As lenders pull mortgage products amid interest rate turmoil, experts forecast ‘significant fall’

The Guardian - UK

Buying a home: six first-time buyer lifelines as Help to Buy deadline approaches

From government schemes to innovative new lenders, here are the initiatives giving first-time buyers a leg up on the ladder as Help to Buy winds down

Evening Standard

Buying with a low deposit: UK’s biggest lender launches 5% mortgage for new build houses

The mortgage is only available on new-build houses costing less than £570,000, of which there are less than 12 currently for sale in London

Evening Standard

Homebuyers could struggle with mortgages as UK banks tighten affordability tests

Brokers warn soaring bills, tax rises and big hike in cost of household basics have forced lenders to recalculate models

People

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Bank of England

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International Monetary Fund

Nationwide Building Society

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