Karis Capital launches property advisory firm  

By: ameer@trustedteam.com

A new property advisory firm Karis Capital has launched, which will work across development funding, short-term lending, investment finance, commercial mortgages, high-net-worth mortgages, asset finance and commercial insurance.   The...

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Legal & General makes two senior appointments to protection team

By: ameer@trustedteam.com

Legal & General has appointed James Shattock as managing director and Pippa Keefe as commercial director of its UK Protection team. Shattock, who is currently commercial director for retail...

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Leasehold reform bill introduced to Parliament on first step towards legislation

By: ameer@trustedteam.com

The Leasehold and Freehold Reform Bill will be introduced in Parliament today. This seeks to ban leaseholds on new houses while also making it easier for homeowners to extend their...

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L&G Ignite partners with Norton Broker Services

By: ameer@trustedteam.com

Norton Broker Services has partnered with mortgage research and product sourcing platform Legal & General Ignite. Advisers using the platform can now search for results from Norton Broker Services, giving...

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Equity release rates cut over month as lenders improve offers

By: ameer@trustedteam.com

The equity release market has seen lenders cut rates since the start of this month. This is according to the latest figures from Moneyfacts. Lifetime mortgage rates are falling, with...

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How rate volatility is changing reverse mortgages

By: ameer@trustedteam.com

Reverse mortgages have a history of evolving in response to market stresses, and the recent gyrations in interest rates are now spurring a new round of policy experimentation aimed...

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Early retirement withdrawals accelerate, but baby boomers save the most

By: ameer@trustedteam.com

Retirement account balances decreased only slightly in the third quarter of 2023, but account withdrawals and loans are inching up as the ongoing effects of inflation continue to impact...

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FHA Commissioner: Reverse mortgages an ‘important part’ of housing finance system

By: ameer@trustedteam.com

For the third time since 2015 after a sustained rocky period in red ink, the Home Equity Conversion Mortgage (HECM) book of business inside the Mutual Mortgage Insurance (MMI)...

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What will lower mortgage rates do to spring housing inventory?

By: ameer@trustedteam.com

Purchase application data Now that mortgage rates have fallen from a bit over 8% toward 7.32%, we can see the immediate impact as purchase application data was positive for the...

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Australian economy ‘in a better position than most’, says Treasurer 

By: ameer@trustedteam.com

Australia’s economy is “in a better position than most”, according to federal Treasurer Jim Chalmers, despite the nation still facing several challenges including sticky inflation. Speaking at the Australian Securities...

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