Stamp duty receipts plunge 32% in Q2: HMRC  

By: ameer@trustedteam.com

Stamp duty receipts from residential homes in the second quarter of the year plunged by 32% from the same period 12 months ago, HMRC data shows.   The government tax...

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Vida cuts landlord and resi rates by up to 40bps  

By: ameer@trustedteam.com

Vida has cut rates across its entire buy-to-let range as well as on selected residential products.   The specialist lender says its landlord fixed-rates deals have been reduced by as...

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MPowered Mortgages joins The Mortgage Marketing Forum

By: ameer@trustedteam.com

MPowered Mortgages has become the latest firm to sign up to The Mortgage Marketing Forum. The forum is a membership community of marketers from across the mortgage industry. These include mainstream...

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Average fixed rates drop first time since April: Rightmove

By: ameer@trustedteam.com

Average fixed rates are beginning to ease, providing some encouragement for under-pressure borrowers. As Rightmove’s mortgage expert Matt Smith explains: “Average rates across five-year and two-year fixed products have seen...

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Huge North/South divide in deposit required for FTBs

By: ameer@trustedteam.com

Where in the UK has the highest average first time buyer deposit? It is of little surprise that first-time buyers in the Greater London area have to save up the...

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What happened to the summer housing market?

By: ameer@trustedteam.com

Tracking housing inventory this summer is like watching a zombie slowly walking on the beach. Last week inventory growth dropped and new listing data declined again. Strong labor data...

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Podcast: Unlocking 100% LTV Mortgages: Risks, Trends, and Adviser Insights

By: ameer@trustedteam.com

Join host Kim Dondo on the Mortgage Strategy Podcast with guest Danny Belton, Head of Lender Relationships, L&G Mortgage Club at Legal & General, as they delve into the...

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Why lenders are joining Threads, the nascent Twitter rival

By: ameer@trustedteam.com

The Threads application on a smartphone arranged in the Brooklyn borough of New York, US, on Tuesday, July 11, 2023. Meta Platforms Inc.'s answer to Twitter Inc. has rocketed...

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Lifetime loans slump to 7-year low: Equity Release Council   

By: ameer@trustedteam.com

Lifetime loans slide 5% to £664m in the second quarter of the year from the previous three months, making it the quietest lending period for these mortgages in almost...

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BoE shows slight increase in mortgage approvals in tough climate

By: ameer@trustedteam.com

The latest figures from the Bank of England reveal that net mortgage approvals for house purchases saw an increase from 51,100 in May to 54,700 in June, while approvals...

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