Weaker purchase activity in Q4 was offset by price growth and strong refinancing

By: ameer@trustedteam.com

Weaker house purchase activity through last year was offset by price growth and strong refinancing, the latest UK Finance household finance review reveals. The report found that gross lending increased...

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FTBs push ahead with Help to Buy purchases: Legal & General  

By: ameer@trustedteam.com

First-time buyers are pushing ahead with Help to Buy purchases, even as the 10-year programme comes to an end this month, data from Legal & General shows.   Broker searches...

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The path has been challenging and there’s more to do: IWD

By: ameer@trustedteam.com

“The path to women’s equality has been long and challenging and we still have work to do,” Leeds Building Society’s director of mortgages Jenny Ryatt states. Today (8 March 2023)...

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Broker searches ‘overhauled’ in February: Knowledge Bank  

By: ameer@trustedteam.com

Broker searches saw a “significant overhaul” in February, as the market underwent a raft of product and rate changes amid the backdrop of the cost-of-living crisis, data from Knowledge...

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Twenty7tec adds Tandem to Source module

By: ameer@trustedteam.com

Twenty7tec has added Tandem Bank to its Source module. Tandem Bank launched its specialist residential product range in 2022 with an aim of being the UK’s greener digital bank. Tandem’s green...

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West One Loans revamps second charge range   

By: ameer@trustedteam.com

West One Loans has revamped its second charge deals by introducing improved terms for self-employed applicants, three-year fixed rates and a new range of green mortgages.   The specialist lender...

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Monthly cost of a new mortgage went up by 61% on annual basis: ONS

By: ameer@trustedteam.com

The monthly cost of a new mortgage rose by 61% in the year to December 2022 for the average semi-detached house in the UK, the latest data from the...

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Hampshire Trust Bank joins Fiba as lender partner

By: ameer@trustedteam.com

Hampshire Trust Bank (HTB) has joined the Financial Intermediary & Broker Association (Fiba) as a lender partner. The bank is now offering Fiba members access to its products and services. HTB...

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Mortgage demand recovers slightly, despite rising interest rates

By: ameer@trustedteam.com

Total mortgage application volume rose 7.4% for the week, according to the Mortgage Bankers Association. Applications to refinance a home loan jumped 9% week to week but were 76% lower...

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The housing market is 6.5 million units short: Realtor.com

By: ameer@trustedteam.com

It is no secret that the housing market is suffering from an ongoing inventory drought. Existing housing inventory fell by 11,021 homes week over week for the week ending...

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