UK house prices to drop by 10%: OBR

By: ameer@trustedteam.com

UK house prices are forecast to fall by 10% from the fourth quarter high in 2022, data from the Office of Budgetary Responsibility (OBR) reveals. This represents a one percentage...

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Audley Group promotes two senior managers to board 

By: ameer@trustedteam.com

Audley Group has promoted two senior managers to the retirement village builder’s executive board.  ...

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Sliding housing market may lead to fall in construction workers: RIFT   

By: ameer@trustedteam.com

A cooling housing market may lead to a fall in the number of the country’s 1.4 million construction workers for the first time in almost a decade, says RIFT...

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Bank of Mum and Dad extended £9bn in 2022: Savills

By: ameer@trustedteam.com

The Bank of Mum and Dad lent or gave away a total of £9bn in 2022, says Savills. It says this is a rise of almost £4bn since 2019. The report...

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Mortgage lenders, borrowers react to banks closures 

By: ameer@trustedteam.com

The Silicon Valley Bank and Signature Bank failures that occurred over the last week have caused even more uncertainty within the mortgage industry. Still, homebuyers took advantage of declining...

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Cooling housing market may lead to fall in building workers: RIFT   

By: ameer@trustedteam.com

A cooling housing market may lead to a fall in the number of the country’s 1.4 million construction workers for the first time in almost a decade, says RIFT...

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ASTL and FIBA launch professional specialist lending course   

By: ameer@trustedteam.com

The Association of Short Term Lenders and the Financial Intermediary & Broker Association are set to launch a professional qualification for bridging and specialist lending.   The two bodies are...

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Homeowners are £500 a year better off than renters

By: ameer@trustedteam.com

Homeowners with mortgages are better of to the tune of £500 a year than renters, but the savings are not as great as they were seven years ago, new...

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Mortgage demand rises despite volatile interest rates

By: ameer@trustedteam.com

Total application volume rose 6.5% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. Despite rates being higher, mortgage applications to purchase a...

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