Further turmoil at RICS as board members quit

By: ameer@trustedteam.com

All nine members of the Royal Institution of Chartered Surveyors’ (RICS) standards and regulation board have resigned, following the decision by its chair to hand in her notice.  Chair Dame Janet Paraskeva...

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Insurance Watch: Show claims data to clients

By: ameer@trustedteam.com

It’s not always easy to convey to customers the true value of protection, especially during the cost-of-living crisis, but latest claims statistics for 2022 clearly demonstrate its importance. Aviva’s data...

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Borrower shedding a deadname? Expect failed credit checks

By: ameer@trustedteam.com

Rey Katz's birth name didn't match their nonbinary gender identity. Too feminine. So they started the legal process to change it. They got an over $400 name-changing court order,...

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Mortgage approvals up despite interest rate hikes

By: ameer@trustedteam.com

Mortgage approvals increased by over 3% from 49,000 in April to 50,500 in May, the latest Bank of England money and credit statistics show. ...

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All Rics members quit following chair resignation

By: ameer@trustedteam.com

All nine members of the Royal Institution of Chartered Surveyors’ (RICS) standards and regulation board have resigned, following the decision by its chair to hand in her notice. ...

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Divorcing couples feel impact of mortgage rate rises

By: ameer@trustedteam.com

With higher rates suddenly making home loans very expensive, finding a solution to the property conundrum at separation could be trickier. ...

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Pepper Money reprices resi rates and fees

By: ameer@trustedteam.com

Specialist lender Pepper Money has repriced rates, reduced fees and simplified products on its range of residential mortgages. These changes were made in response to the Bank of England’s decision...

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Prime London market boosted by rising buyer demand

By: ameer@trustedteam.com

Life is returning to London’s high end housing market, with buyer demand climbing 2.5% across the prime market on a quarterly basis, while the super-prime market has also seen...

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Mortgage demand grows, driven by sales of new homes

By: ameer@trustedteam.com

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) increased to 6.75% from 6.73%. Applications to refinance a home loan rose 3% for...

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These banks have lots of office loans. Here’s why they say it’s OK.

By: ameer@trustedteam.com

Loans backed by office buildings are currently drawing major scrutiny, as the rise of remote work has led to higher vacancy rates and sparked fears that some lenders will...

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