Thursday July 16, 2020

Steady interest in mortgages reported despite abolition of tax relief

Mortgage brokers are reporting a sustained level of enquiries for new home loans this month despite the termination of a tax-relief scheme.

27th January, 2013

Mortgage brokers are reporting a sustained level of enquiries for new home loans this month despite the termination of a tax-relief scheme that made borrowing more attractive for first-time buyers in 2012. House sales are expected to decline in January compared to a busy final quarter of 2012, but brokers are seeing continued demand from customers who want to secure finance even though the window for claiming tax relief at source on new mortgages closed...

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