NatWest and Pexa pilot moves toward 48-hour remortgages  

By: ameer@trustedteam.com

NatWest and Pexa say they have taken another step toward providing 48-hour remortgages.   The bank is using the Australian homemoving hub’s property exchange technology to speed up house transactions.      NatWest managing director, homebuying and ownership, Miguel Sard says Pexa...

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Santander lifts rates for second time in a week  

By: ameer@trustedteam.com

Santander for intermediaries will lift selected residential fixed-rate home loans and all landlord new business offers by up to 26 basis points from tomorrow (3 May).   The move is the...

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Solutions by Foundation cuts rates on semi-commercial products

By: ameer@trustedteam.com

Solutions by Foundation, the specialist buy-to-let brand of Foundation Home Loans, has  reduced pricing on selected semi-commercial products by up to 0.2% – one is available for expat borrowers...

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April price gains ‘on par’ with previous months: CoreLogic

By: ameer@trustedteam.com

CoreLogic’s Home Value Index (HVI) has shown that home values have continued to trend higher during April, rising by 0.6 per cent. According to CoreLogic, this was “on par”...

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Heartland Bank acquires Challenger Bank

By: ameer@trustedteam.com

Heartland Bank has officially acquired Challenger Bank, becoming the first NZ-registered bank to acquire an Australian authorised deposit-taking institution (ADI). After Heartland Group Holdings Limited received indicative regulatory approvals from...

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BNK loan book holds steady in 3Q24

By: ameer@trustedteam.com

BNK Banking Corporation (BNK) has revealed that its loan book of approximately $1.5 billion was relatively unchanged from 2Q24 to 3Q24. Quarter to quarter, the lender’s loan book rose...

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Returns on NAB broker loans ‘below the cost of capital’

By: ameer@trustedteam.com

National Australia Bank (NAB) has released its half-year results for the financial year 2024 today (2 May), revealing that the major lender continues to face net interest margin (NIM)...

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RAW Capital Partners intros expat, foreign nationals landlord offer 

By: ameer@trustedteam.com

RAW Capital Partners has launched a landlord loan as part of its £100m-plus fund to lend to foreign nationals and UK expats who want to invest in buy-to-let properties across the...

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Advisers offered equity release guidance ahead of new Consumer Duty requirements

By: ameer@trustedteam.com

The Equity Release Council has warned advisers they will need to review older lifetime mortgage cases, as these will shortly fall under the new Consumer Duty rules. ...

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Mortgage lending cools for the second week in a row

By: ameer@trustedteam.com

Loan application volumes fell for the second week in row, as persistently elevated interest rates put a lid on borrower interest, the Mortgage Bankers Association said.The MBA's Market Composite...

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