Blog: MPC slams on the brakes – and it’s not done yet

By: ameer@trustedteam.com

For much of this year, the Bank of England (BoE) has been telling us that the long run of interest rate rises was coming to an end. But economic...

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UK housebuilders on the back foot as pressure mounts

By: ameer@trustedteam.com

Earlier this year housebuilders were breathing a sigh of relief as the surging mortgage rates seen in the wake of the mini-Budget eased. As AJ Bell investment director Russ Mould...

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Nationwide BS speeds up Dip process

By: ameer@trustedteam.com

Nationwide Building Society has signed up to Iress’ Lender Connect and is the first lender to use the direct Decision-in-Principle (Dip) process. This process will enable brokers to apply for...

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Together appoints new COO

By: ameer@trustedteam.com

Specialist lender Together has appointed John Barker to be its group new chief operating officer.  Barker joins from Target Group where he was CEO, having previously held the COO role...

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Accord adds joint borrower and sole proprietor to resi range

By: ameer@trustedteam.com

Accord Mortgages is offering borrowers the option to take out a mortgage from its standard residential range with the help of an immediate family member. The joint borrower, sole proprietor...

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FCA unveils measures to strengthen UK’s financial position

By: ameer@trustedteam.com

The Financial Conduct Authority (FCA) has announced a series of measures to help strengthen the UK’s position as a global financial centre.  To help all investors make better, more timely...

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AnnieMac seeks nearly $500,000 from former branch manager

By: ameer@trustedteam.com

AnnieMac is suing a former branch manager to recoup an alleged $500,000 signing bonus, its second such federal lawsuit against a former employee in the past two months. Peyton Elizabeth...

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Coventry BS lifts rates across resi and BTL ranges  

By: ameer@trustedteam.com

Coventry Building Society will withdraw its range of residential and buy-to-let products today (4 July), before raising them tomorrow.   The mutual says it will pull all of its residential...

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Four in 10 BTL landlords plan to expand portfolio – Landbay

By: ameer@trustedteam.com

More than four out of 10 buy-to-let landlords (41%) plan to expand their portfolio in the next 12 months, the latest Landbay survey reveals. In total, 35% of the 1,127...

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Five-year fix tops 6% for first time since November: Moneyfacts  

By: ameer@trustedteam.com

The average five-year fixed-rate home loan hit 6.01% today, topping 6% for the first time in eight months, according to Moneyfacts.   The rate is up from 5.97% yesterday, says...

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