The Government has launched a strategy for tackling the challenges of an ageing population, including improving the standard and layout of existing pensioner homes and the provision of dedicated retirement housing.
But the plans have been criticised for suggesting a one solution fits all approach that does not take into account the different needs of homeowners.
Chris [...]
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Ispwich Building Society will not penalise borrowers who require high percentage LTV mortgages. The lender has stated that it won’t impose premiums on rates for those with a small deposit, and offers first-time buyers deals up to 95% LTV.
Some lenders have loaded rates for high LTV mortgages in recent weeks or have dropped 95% LTV [...]
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Hector Sants, chief executive of the Financial Services Authority (FSA) has said that recent market turbulence and the problems at Northern Rock would not deter the FSA from its commitment to more principles-based regulation.
Speaking at an FSA conference for retail financial services firms he said: “We believe that these times of turbulent markets reinforce the [...]
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Two opposing studies of buy-to-let product criteria have been released today, highlighting confusion in the market as products are changed or withdrawn.
Property company Assetz claimed that landlords can benefit from more flexible criteria than first-time buyers, and will increasingly find lenders willing to let them borrow even more.
Chief executive Stuart Law said that buy-to-let landlords [...]
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