Virgin Money and Clydesdale Bank relax LTI rules  

By: ameer@trustedteam.com

Virgin Money and Clydesdale Bank have relaxed loan-to-income ratios, giving customers access to higher borrowing multiples.   The firms, which are both part of the Virgin Money group, say contractors are...

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Virgin Money and Clydesdale Bank loosen LTI rules  

By: ameer@trustedteam.com

Virgin Money and Clydesdale Bank have relaxed loan-to-income ratios, giving customers access to higher borrowing multiples.   ...

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HSBC announces more cuts to resi and BTL rates

By: ameer@trustedteam.com

HSBC has announced more rate cuts across its residential and buy-to-let (BTL) range of products. The high street bank is reducing resi rates by 0.15% on average (between 0.10% and...

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Metro Bank shares plunge 27% over fundraising concerns  

By: ameer@trustedteam.com

Shares in Metro Bank have plunged by more than a quarter after reports that the lender is in talks with investors to raise up to £600m to bolster its...

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LendInvest cuts resi rates by up to 45bps, launches 90 LTV product  

By: ameer@trustedteam.com

LendInvest has cut rates on residential home loans by up to 45 basis points and has brought back its 90% loan-to-value product.   The mortgage platform’s residential loan rates now...

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LendInvest reduces resi rates by up to 45bps, brings back 90 LTV product  

By: ameer@trustedteam.com

LendInvest has cut rates on residential home loans by up to 45 basis points and has brought back its 90% loan-to-value product.   ...

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Sharpest decline in construction output since May 2020

By: ameer@trustedteam.com

The latest CIPS PMI construction data points to a reversal in fortunes for the sector as total industry activity in the UK decreased for the first time in three...

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Metro Bank shares tumble 27% over fundraising worries  

By: ameer@trustedteam.com

Shares in Metro Bank have plunged by more than a quarter after reports that the lender is in talks with investors to raise up to £600m to bolster its...

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Fleet Mortgages cuts 2-year, 7-year BTL rates by up to 20bps  

By: ameer@trustedteam.com

Fleet Mortgages has cut rates on all two- and seven-year fixes across its three core ranges by up to 20 basis points.   The buy-to-let lender says the reductions affect its...

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Fleet reduces 2-year, 7-year landlord rates by up to 20bps  

By: ameer@trustedteam.com

Fleet Mortgages has cut rates on all two- and seven-year fixes across its three core ranges by up to 20 basis points.   ...

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