One in six homeowners expect to top 65 before paying off their mortgage: HL

By: ameer@trustedteam.com

More than one in six people expect to top 65 by the time they finish repaying their mortgage, data from Hargreaves Landsdown shows.   ...

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Bank of Mum and Dad covering monthly mortgage: Saltus

By: ameer@trustedteam.com

Eight in ten (79%) middle class parents are helping support their adult children financially, and one in four are helping with mortgage payments specifically, ...

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United Trust Bank appoints Purdy as head of bridging sales  

By: ameer@trustedteam.com

United Trust Bank has hired Paula Purdy as head of sales – bridging finance, taking up her post immediately.   ...

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Glenhawk debuts free bridging valuation offer 

By: ameer@trustedteam.com

Glenhawk has launched a promotion that will see it pay borrower valuation fees up to £2,500, inclusive of VAT, on new unregulated bridging applications up to £3m between 26...

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Mortgage rate impact the same as a 2p tax hike

By: ameer@trustedteam.com

The hit to the economy from soaring mortgage rates will be equivalent to a 2p income tax hike. This is according to new analysis from the Liberal Democrats. ...

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Looking To Buy? Now Might Be the Right Time

By: ameer@trustedteam.com

You’ve probably heard me say this before: it’s never a good idea to time the market. But there are moments in time where if you’re looking, it might be...

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Homebuilding set to boost U.S. economy after two-year contraction

By: ameer@trustedteam.com

After eight straight quarters of contraction, it looks like the slide in U.S. residential investment may be finished. The nascent rebound now underway is set to remove a major...

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FHA experts field servicing questions at NRMLA conference

By: ameer@trustedteam.com

After facing staffing issues with during and after the pandemic, Federal Housing Administration (FHA) officials said staffing to service the reverse mortgage loan portfolio held by the U.S. Department...

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Lenders to offer flexible options for homeowners who can’t pay the mortgage

By: ameer@trustedteam.com

Borrowers worried they may not be able to make mortgage payments will be able to switch to an interest-only mortgage or extend their term under temporary changes revealed today. ...

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West Aussies’ spending stalls in May

By: ameer@trustedteam.com

Western Australian spending has stalled for the third consecutive month, as they continue to feel the pinch of cost-of-living and inflationary pressures, according to Bankwest’s latest Spend Trends analysis. Bankwest’s Spend...

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