Rents lift 5.7%, home prices hold steady: ONS 

By: ameer@trustedteam.com

Average UK house prices edged 0.2% higher to £291,000 in the year to August, but private rents jumped 5.7% in the 12 months to September, data from the Office for...

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Mortgage Business Expo reports record-high attendance

By: ameer@trustedteam.com

Mortgage Business Expo has announced that visitor numbers at its London show were up 14% on 2022 figures. The event organisers said attendee feedback was overwhelmingly positive. The mortgage industry’s intermediary...

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Buy-to-let Watch: Autumn heralds better landscape for landlords

By: ameer@trustedteam.com

The past year has been a tough one for us all. We started 2023 with predictions of seeing the base rate cap out at 4.25%, and hoping the new...

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The Mortgage Works loosens criteria for portfolio landlords 

By: ameer@trustedteam.com

The Mortgage Works has relaxed the affordability assessments it applies to portfolio landlords.  Nationwide’s buy-to-let unit says it will lift the maximum aggregate loan to value for portfolio landlords, with...

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Lifetime customers, lump sums and drawdowns decline: ERC 

By: ameer@trustedteam.com

Lifetime mortgage repayments surged to more than £21bn a quarter since the end of last year, data from the Equity Release Council shows, as borrowers reacted to higher interest...

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One in five London homes sold for £1m-plus in 2023

By: ameer@trustedteam.com

A fifth of all homes sold so far this year across the capital have done so for £1m or more, by far the largest proportion when compared to other...

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Barratt points to tough times as homebuyers stretched

By: ameer@trustedteam.com

The UK’s largest housebuilder Barratt Developments has warned of a tough environment, with potential homebuyers still struggling to secure an affordable mortgage. With home reservations taking longer, Barratt saw forward...

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Keystone Property Finance launches two-year tracker mortgages

By: ameer@trustedteam.com

Buy-to-let lender Keystone Property Finance has launched a new range of two-year tracker mortgages with a “switch and fix” facility. ...

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YBS launches £1m-plus BTL commercial product, reduces rates by 20bps   

By: ameer@trustedteam.com

YBS Commercial Mortgages has launched a buy-to-let product for corporate clients borrowing more than £1m, and cut BTL rates by 20 basis points for business landlords.     ...

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Market Financial Solutions joins Dynamo lending panel  

By: ameer@trustedteam.com

Dynamo for Intermediaries has added Market Financial Solutions to its lender panel.   ...

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