Buy-to-let slump puts first-time buyers in the driver’s seat

Lenders report 42% fall in loans to landlords as tax changes begin to biteBuy-to-let landlords are finally in retreat in the housing market, leaving young adults in a better position to buy a property, according to the latest data from mortgage lenders.The Council of Mortgage Lenders said lending in March was £21.4bn, down 19% on the year before, almost entirely due to landlords withdrawing from the market. A double whammy of tighter Bank of England lending rules, which have forced banks and building societies to insist on greater rental cover and higher deposits, plus new taxes on rental inc read more






Five of the best sports watches

Inspired by the London Marathon? A running watch – with GPS, distance tracking and health and fitness stats – is a great way to monitor your progressTomTom’s Runner 3 is waterproof to 40m and comes in four versions with different features. I opted for the top-of-the-line Runner 3 Cardio + Music with GPS, heart rate and built-in music playback. Continue reading... read more

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