OMS joins Mortgage Marketing Forum

By: ameer@trustedteam.com

One Mortgage System (OMS) has joined Mortgage Marketing Forum. OMS said the membership demonstrates its continued partnership with lenders and brokers. OMS is an end-to-end platform which covers product areas such...

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Fintel acquires adviser review site VouchedFor

By: ameer@trustedteam.com

Fintel has today announced the acquisition of financial adviser review site VouchedFor for £7.5m. Fintel is the parent company of SimplyBiz and Defaqto. The acquisition will take place via its tech...

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Second charge lending plunges 25% to £109m in September: FLA 

By: ameer@trustedteam.com

Second charge mortgage lending tumbled 25% to £109m in September compared to a year ago, reflecting a “weaker economic outlook,” data from the Finance & Leasing Association shows.    The...

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Catalyst unveils Latitude BTL product

By: ameer@trustedteam.com

Catalyst has launched Latitude Buy To Let; a product designed for landlords who fall outside mainstream lending. Latitude has a 100% interest cover ratio (ICR) plus unlimited top slicing. Every...

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Halifax offers sub-5% five-year loans, cuts rates by up to 46bps 

By: ameer@trustedteam.com

Halifax Intermediaries will offer sub-5% five-year home loans, with rates starting at 4.53% from tomorrow (15 November).  The lender’s broker-only arm says its homebuyer deals include first-time buyer, new build, large...

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Halifax launches sub-5% five-year resi loans, reduces rates by up to 46bps 

By: ameer@trustedteam.com

Halifax Intermediaries will offer sub-5% five-year home loans, with rates starting at 4.53% from tomorrow (15 November).  ...

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ANZ post $7.4 billion cash profit for 2023

By: ameer@trustedteam.com

ANZ has announced a $7.4 billion cash profit in its 2023 full year results, up 14% compared to last year. ANZ CEO Shayne Elliott (pictured above) said it was a...

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House asking prices in largest monthly fall for five years: Rightmove  

By: ameer@trustedteam.com

House asking prices from new sellers suffered their sharpest fall for five years this month, while transactions are 10% below 2019 pre-pandemic levels, data from Rightmove shows.   ...

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Paragon Bank cuts five-year fixed-rate by up to 20bps

By: ameer@trustedteam.com

Paragon Bank has announced reduction on its five-year fixed-rate buy-to-let mortgages by 20 basis points (bps). ...

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Housing inventory growth slows to a halt

By: ameer@trustedteam.com

Weekly housing inventory data All I wanted for Thanksgiving and Christmas was just a few weeks of active inventory growth between 11,000 – 17,000. But even with mortgage rates getting...

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