Phoebus tops £100 billion assets milestone

October 19, 2023by

Phoebus has announced that the balances of loans and savings on its servicing platform has increased to over £100bn...

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OnTheMarket agrees £99m buyout offer from CoStar  

October 19, 2023by

Property portal OnTheMarket has agreed a £99m cash takeover by US rival CoStar Group, giving the American firm a UK...

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21Finance adds packaging service for brokers

October 19, 2023by

21Finance has launched a broker packager service focused on whole-of-market specialist lending.   ...

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Groundsure updates ClimateIndex paltform transition risks

October 19, 2023by

Groundsure has updated key transition risk data related to climate change that it says may impact on property decisions. ...

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Pepper Money offers ‘consent to follow’ enhancement on second charge mortgages

October 19, 2023by

Pepper Money has launched a new ‘consent to follow’ option on its second charge mortgages, designed to speed up...

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Higher mortgage rates will complicate housing affordability in 2024: Fannie Mae

October 19, 2023by

Soaring interest rates and a higher-for-longer policy will take its toll on the economy, according to Fannie Mae’s Economic...

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FHFA, stakeholders struggle to pin down costs in score update

October 19, 2023by

Lenders and vendors really want guidance from the Federal Housing Finance Agency what the expense involved in its congressionally-mandated...

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Rents jump 5.7%, house prices hold steady: ONS 

October 18, 2023by

Average UK house prices edged 0.2% higher to £291,000 in the year to August, but private rents jumped 5.7% in...

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Industry draws few positives from inflation update

October 18, 2023by

Inflation remained at 6.7% in September for the second month in a row.  Food inflation fell month on month...

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Inflation update offers sector little comfort

October 18, 2023by

Inflation remained at 6.7% in September for the second month in a row.  Food inflation fell month on month...

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