New High Value Council Tax Surcharge Introduced for Homes Worth Over £2 Million in England Saturday, April 18, 2026 counciltax tax surcharge mansiontax homes property government borrowing finance valuation Starting in April 2028, approximately 165,000 homeowners in England will be subject to a new High Value Council Tax Surcharge, often referred to as a “Mansion Tax,” introduced by HMRC under the Labour Party … Read More
Mortgage Bills to Jump by £788 Annually as Major UK Banks Raise Rates Wednesday, March 18, 2026 mortgage rates money lenders borrowing finance interest inflation bankofengland uk Mortgage costs for UK households are set to increase by an average of £788 a year as major lenders raise their rates. According to Money Facts Compare, prominent banks such as Barclays, HSBC, Lloyds Bank, NatWest, and … Read More
Nationwide Follows Santander and NatWest with Significant Mortgage Rate Increases Tuesday, March 17, 2026 nationwide mortgages interestrates remortgage firsttimebuyer borrowing inflation financialadvice homebuyer ratehike Nationwide has become the latest lender to increase mortgage rates, following similar moves by Santander and NatWest. The new rate hikes will impact a broad range of Nationwide’s mortgage products, including options for First … Read More
Weight Loss Drugs Could Reduce Your Mortgage Borrowing Power Friday, January 16, 2026 mortgage affordability weightloss medication borrowing expenses wegovy mounjaro lenders uk Regular expenses on weight loss medications such as Wegovy and Mounjaro may significantly impact how much you can borrow for a mortgage, industry experts warn. Mortgage brokers highlight that monthly costs for these drugs can … Read More
69,000 UK Households Face Steep Mortgage Increase of £321 Monthly in 2026 Wednesday, January 7, 2026 mortgage uk interest borrowing rates homeowners remortgage inflation finance debt As early 2026 approaches, approximately 69,000 UK households are preparing for a significant increase in their mortgage payments, with monthly costs rising by an average of £321. This surge is driven by the expiry of … Read More
Lloyds Bank Expands £1 Billion Lending Boost for First-Time Buyers, Including Self-Employed Friday, November 28, 2025 lloyds mortgage firsttimebuyer selfemployed lending loantoincome housingmarket ukbanking ftbboost borrowing Lloyds Bank is set to introduce significant changes from 5 December 2025, providing a fresh boost for thousands of first-time homebuyers. For the first time, self-employed customers will be able to access the First Time Buyer … Read More