Bluestone pulls out of BTL market to focus on resi lending   

By: ameer@trustedteam.com

Bluestone Mortgages will pull out of the buy-to-let market to focus on owner-occupied lending.    The specialist lender says will it no longer accept new buy-to-let applications from 11 August,...

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UK homebuyers face £11K deposit inflation

By: ameer@trustedteam.com

Prospective house buyers planning to purchase a home in the next two years are aiming to save over £11,500 more for their deposit, according to new research from Mortgage...

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Moneyfacts introduces Consumer Duty audit tool for mortgages

By: ameer@trustedteam.com

Moneyfacts has launched a new Consumer Duty audit tool for mortgages to help the industry comply with new guidance. The tool provides a view of residential mortgage products and a...

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Here’s how much cash you may have in your home, thanks to new record high prices

By: ameer@trustedteam.com

Home prices are on a tear again across much of the nation, giving back to homeowners the equity they lost last year. Home prices in June hit record highs in...

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Bank of Canada expected to remain cautious despite weaker July employment results

By: ameer@trustedteam.com

While July’s employment report was weaker than expected, economists say the Bank of Canada will continue to watch for signs of slowing inflation and economic growth prior to its...

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Coventry reduces fixed rates and widens range

By: ameer@trustedteam.com

Coventry for Intermediaries is reducing all residential fixed rates and expanding its product range The lender has reduced all residential fixed rates by up to 63bps and selected buy- to-let...

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New-build price premiums climb 20% annually

By: ameer@trustedteam.com

Despite cooling market conditions, the average price premium commanded by a new-build property has increased by 20% in the last year, now 52% higher than the average value of...

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Legal & General enhances lifetime mortgage range

By: ameer@trustedteam.com

Legal & General Home Finance has enhanced its lifetime mortgage range. These improvements include the launch of new pearl product variants to both its flexible and optional payment lifetime mortgages. The...

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New build property prices holding up best

By: ameer@trustedteam.com

Despite cooling market conditions, the average price premium commanded by a new-build property has increased by 20% in the last year, now 52% higher than the average value of...

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Beverley Building Society enters BTL market

By: ameer@trustedteam.com

Beverley Building Society has launched two buy-to-let (BTL) mortgage products to assist UK residents and expats. Its variable rate BTL for UK customers is available at 5.64% with a maximum...

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