Finance News – Building Societies
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Reeves puts cash ISA reform on ice ahead of Mansion House speech
Delaying changes to tax-free savings accounts may influence individual investment behavior and impact the broader financial market by maintaining current incentives for cash saving...
Read Full Article →Bank of England rolls out looser mortgage rules to help first-time buyers
The Bank of England’s updated mortgage guidelines aim to encourage lenders to increase lending to new homeowners by allowing higher loan amounts relative to income, potentially ben...
Read Full Article →Rachel Reeves warned cash ISA reforms will hike mortgage costs
Proposed changes to reduce the tax-free savings limit are expected to increase borrowing expenses, potentially affecting both homeowners and business borrowers across the country.
Read Full Article →Building societies step up protest against Reeves's cash ISA reforms
Leaders of building societies argue that the proposed reductions in cash ISA limits could lead to increased borrowing expenses for both property owners and commercial enterprises,...
Read Full Article →UK regulator to ditch Northern Rock-inspired limits on building societies
The UK regulator plans to remove restrictions on lending and treasury operations for building societies that were established following the 2008 financial crisis, potentially impac...
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