Bridging lending hits new record

By: ameer@trustedteam.com

A record number of bridging loans were taken out in the third quarter of this year, with both applications and completions showing strong growth over the period.  Figures from the...

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Govt publishes five options on leasehold reform

By: ameer@trustedteam.com

Five options on leasehold reform have been set out by the government, following the unveiling of its Leasehold and Freehold Reform Bill in the King’s Speech.  ...

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Buy-to-let mortgage arrears up 29% in Q3: UK Finance

By: ameer@trustedteam.com

The number of buy-to-let mortgages in arrears rose 29% from the second to third quarter this year, according to UK finance figures. The Mortgage arrears and possessions report for Q3...

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Landbay and Accord Mortgages cut BTL rates by up to 30bps 

By: ameer@trustedteam.com

Landbay has cut rates on two- and five-year fixed-rate buy-to-let products by 30 basis points, while Accord Mortgages also reduces landlord offers by up to 30bps.  Landbay says its two-year...

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Average house prices fall in October by 4.1%

By: ameer@trustedteam.com

The average house prices in England and Wales fell in October by some £15,700, or -4.1%, and now stands at £362,777, latest data from e.surv Acadata House Price Index...

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Bridging sector exceeds £7bn for second quarter

By: ameer@trustedteam.com

A record number of bridging loans were taken out in the third quarter of this year, with both applications and completions showing strong growth over the period. ...

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Aspen appointment signals growth ambitions

By: ameer@trustedteam.com

Aspen Bridging has appointed Rory Cleary to be its new head of sales. ...

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Average house prices fall in October by 4.1%

By: ameer@trustedteam.com

The average house prices in England and Wales fell in October by some £15,700, or -4.1%, and now stands at £362,777, latest data from e.surv Acadata House Price Index...

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Reliance Bank reduces rates for key workers by up to 109bps  

By: ameer@trustedteam.com

Reliance Bank has cut rates for key workers by up to 109 basis points, with two-year fixed-rate loans starting at 4.99%.   ...

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Remortgage fear impacts UK homeowners’ mental health

By: ameer@trustedteam.com

Four in five UK homewners feel the current mortgage market has impacted their mental health, with two in five seeking therapy or counselling. This is according to a survey from...

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