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...US mortgage lender....
...Mark Brown, general secretary of the independent BTU union, said Lloyds seemed to be “throwing the baby out with the bathwater” just as the lender was under scrutiny as part of an industry-wide probe into...
...Higher mortgage rates have accentuated the country’s housing shortage, resulting in landlords passing the higher borrowing costs in the form of rent rises to tenants....
...Mortgage rates, energy bills falling, wages are rising, consumer confidence, business confidence increasing.”...
...The rise in mortgage costs as the cost of living crisis continues comes as Prime Minister Rishi Sunak seeks to show he is supporting homeowners ahead of the general election expected this year....
...What does this mean for the general election? Access to property is set to be a key battleground in the election, which Sunak has signalled will take place in the autumn....
...Sunak’s party is struggling to engage younger voters — who have found it increasingly hard to get in the property ladder — with only a tiny fraction of under-40s prepared to back the Conservatives at the general...
...But Persimmon warned that the market would be “highly uncertain” this year, particularly given the upcoming UK general election....
...Listeners should do their own research before making any decisions about their mortgages or their finances in general....
...“The broader picture is that house prices are up year on year, reflecting the opposing forces of an easing cost of living squeeze — now that pay growth is outpacing general inflation — and relatively high...
...Rishi Sunak’s hopes of going into a general election on the back of lower taxes and cheaper mortgages suffered a blow on Thursday as traders scaled back expectations of interest rate cuts in 2024....
...“The prospect of a relatively weak year for economic growth and an autumn general election means we shouldn’t get carried away,” says Lucian Cook of Savills....
...The attorney-general must now decide whether to pursue the case....
...Mortgage approvals at 17-month high | UK mortgage approvals beat expectations in February to hit their highest in 17 months, according to official data that reflects the fall in borrowing costs since the...
...“Large price increases . . . really will be kept at bay,” Gittins added, thanks to “considerably more stock across London, not just at Foxtons but in general in the market”, which is “great news for tenants...
...The opinions in this column are intended for general information purposes only and should not be used as a substitute for professional advice....
...Long-term mortgages: Rising mortgage rates have been a big contributor to the UK’s cost of living crisis. Can long-term mortgages, a norm in the US, help solve the country’s housing crunch?...
...By 1998, the tower was so successful that Trump could take a $125mn mortgage against it, providing a huge windfall — and ego boost....
...According to the Green Finance Institute, the UK now has 60 “green” mortgage products....
...Rate expectations | Sunak’s hopes of going into a general election on the back of lower taxes and cheaper mortgages suffered a blow yesterday as traders scaled back expectations of interest rate cuts in...
...“I would be forced to mortgage or sell Great Assets, perhaps at Fire Sale prices, and if and when I win the Appeal, they would be gone. Does that make sense? WITCH HUNT. ELECTION INTERFERENCE!”...
...He added that the general election to be held next year had “become the biggest uncertainty facing the market but the worst of the economic news increasingly feels behind us”....
...The plight of first-time buyers and access to housing is set to become a central battleground in the general election next year....
...Truss is standing again for parliament in her South West Norfolk seat in the general election expected this year....
...Respondents to the survey, which was based on interviews conducted in the first half of October, were less positive about their personal financial situation and the general economic picture compared with...
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