Coventry for Intermediaries debuts 2-year BTL loans for existing customers 

By: ameer@trustedteam.com

The mutual’s broker-only arm says that rates are available between 50% and 75% loan to value for BTL and portfolio landlords.  It adds these offers are only available for product transfer...

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CMA gears up to open housebuilding study

By: ameer@trustedteam.com

The Competition and Markets Authority (CMA) has stated that the housebuilding sector will be in its sights over the next 12 months. In a letter to Michael Gove, CMA chief...

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L&G adds Bank of Ireland’s Bespoke lending service to SmartrFit

By: ameer@trustedteam.com

Legal & General today has added the Bank of Ireland’s Bespoke lending service to its SmartrFit technology tool. Bespoke says its products target particularly complex residential mortgage cases. To be eligible...

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Single-family home price growth slows, echoing sales downturn

By: ameer@trustedteam.com

Single-family home prices in the United States increased at a non-seasonally adjusted annual rate of 9.2% in Q4 2022, according to the latest Home Price Index (FNM-HPI) reading from...

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Philadelphia high on investors’ wish lists

By: ameer@trustedteam.com

Spencer Yablon, a senior vice president at CBRE who leads a multifamily capital markets team encompassing Philadelphia, agreed with the assessment: “We see interest from everywhere,” he said. “The...

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Machine learning influence grows in banking sector

By: ameer@trustedteam.com

According to the study, 92% of organizations are working with AI/ML models but 61% don’t have a data strategy in place to support it. “Thanks to an explosion of...

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How will the recession impact commercial real estate?

By: ameer@trustedteam.com

Still, he doesn’t predict a deep recession for this year: “The recession will not be particularly deep. Corporate finances are in good shape and employers will shun excessive layoffs...

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KeyBank hires VP to strengthen commercial mortgage group

By: ameer@trustedteam.com

Additionally, Wight is a past president of the Bay Area Mortgage Association and an active member of several local and national real estate groups, including the California Mortgage Bankers...

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Accord makes BTL rate cuts of up to 0.18%

By: ameer@trustedteam.com

Accord Mortgages has reduced its buy-to-let (BTL) rates by up to 0.18%. The changes will be effective tomorrow (20 January). Highlights of the rate reductions include a two-year fixed rate at...

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Octopus Investments launches affordable housing strategy

By: ameer@trustedteam.com

Octopus Investments has launched an affordable housing strategy for institutional investors, to accelerate the UK’s much-needed delivery of genuinely affordable homes. The evergreen strategy is targeting initial commitments of £200m...

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