
Brian Herren
20.6K posts

Brian Herren
@Beherren
Not going to tell you.




Lloyds has launched a new first-time buyer mortgage needing just a £5,000 deposit 🏡 Key details: - Up to 98% mortgage (borrow up to £295k) - Max property price: £300k - 5-year fixed rate at 5.89% - No product fees - Max borrowing: 4.5x salary - Available to employed + self-employed But there’s a catch: - No gifts (“Bank of Mum & Dad” banned) - No new builds - No shared ownership - Strict affordability + credit checks apply Example: £300k house = £5k deposit + £295k mortgage. On the example of a £300,000 home with a £5,000 deposit: Mortgage = £295,000 Rate = 5.89% fixed for 5 years Assuming a 40-year term (the max allowed) Estimated monthly repayment = ~£1,600/month. If the mortgage term was shorter: 35 years = ~£1,740/month 30 years = ~£1,920/month That’s before bills, insurance, council tax and maintenance costs. Lloyds says it’s aimed at renters who can afford monthly payments but can’t save huge deposits. Basically, the majority of Millennials and GenZ!



"I think it's very telling... that the whole of the Cabinet has not, on this occasion, been able to articulate support for the PM." Labour MP Zubir Ahmed, who quit his job as a junior health minister yesterday, says it is time for 'everyone to articulate with honesty’.
















"I can a hundred percent tell you, knowing my seat as I do, that there is no prospect of the Greens taking my constituency" - David Lammy, MP for Tottenham, in the London Borough of Haringey, March 2026 Council seats, May 2026: 🟢 GRN: 28 (+28) 🔴 LAB: 20 (-30)







I hate Starmer as much as the next person but the idea that his eviction will usher in a government prepared to take tough choices on welfare cuts, immigration, net zero and borders is for the birds. Labour are incapable of governing for the benefit of the British people.











