Only 13% of landlords plan not to increase rent when remortgaging: Landbay

By: ameer@trustedteam.com

Almost seven in 10 (68%) landlords plan to raise rents if their mortgage rate goes up when they come to remortgage, new data from the Landbay quarterly survey reveals. The...

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Equity release introducer relationships will be boosted by Consumer Duty: Key Partnerships  

By: ameer@trustedteam.com

But the survey finds that 57% of introducers say they still need to make changes to processes to be up to standard for the Financial Conduct Authority rules, which...

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Landbay reveals only 13% of landlords plan not to up rent when remortgaging

By: ameer@trustedteam.com

The latest survey reveals that 44% of landlords expect to increase rent by 6% to 10% in the coming 12 months if their mortgage rate increases. Of those who intend...

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Commercial, multifamily originations buck seasonal trends in Q4

By: ameer@trustedteam.com

Five out of six property types experienced the originations slump in the fourth quarter. There was a 69% year-over-year decrease in the dollar volume of loans for industrial properties,...

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Clear Capital invests $15.5 million in California multifamily property

By: ameer@trustedteam.com

Built-in 1984, Aspire Seneca features 124 one-, two-, and three-bedroom units with condo-style floor plans in classic condition averaging 770 square feet. The property has ample amenities, including two...

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Retail-focused REIT beats Wall Street 4th Q expectations

By: ameer@trustedteam.com

Joey Agree, president and CEO of his namesake firm, started the earnings presentation in upbeat fashion: “I’m pleased to report that 2022 was another record year for our company,”...

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Inflation eases to 10.1% in January: ONS

By: ameer@trustedteam.com

Inflation in the UK was 10.1% in January, the latest data from the Office for National Statistics (ONS) reveals. January’s figure is down from the 10.5% reported in December and...

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December marks further slowdown in house prices

By: ameer@trustedteam.com

On a monthly basis in December last year, house prices fell by 0.4%. This brings the average property price in the UK to £294,329 – just over £26,000 more than...

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PLS Solicitors receives ABS license from SRA

By: ameer@trustedteam.com

The switch will allow non-lawyers to serve as owners and in senior leadership positions. PLS Solicitors managing director Dan Hickey says: “An ABS allows us to better reflect our make-up...

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Conveyancing costs rise 8% to £1,184 in 2023  

By: ameer@trustedteam.com

This breaks down to rises of 2.6%, for home sales, and 8%, for purchases, compared to 12 months ago says the quick house sale business, which surveyed 100 residential...

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