UK landlords feel impact of rising rates: Octane

By: ameer@trustedteam.com

Monthly interest costs have soared by 283% since 2021 for landlords using interest-only mortgages, while those making a full monthly repayment have seen the monthly cost of their mortgage...

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Virgin Money, TSB and Skipton BS sign up to tall building loans

By: ameer@trustedteam.com

Virgin Money, TSB and Skipton Building Society have become the latest firms to add their names to the government’s tower block cladding safety scheme.   ...

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Virgin Money, TSB and Skipton BS commit to tower block lending  

By: ameer@trustedteam.com

Virgin Money, TSB and Skipton Building Society have become the latest firms to add their names to the government’s tower block cladding safety scheme.   The three lenders will now...

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Barclays cuts resi, landlord rates by up to 43bps 

By: ameer@trustedteam.com

Barclays will cut rates across its residential and landlord fixed-rate ranges by as much as 43 basis points from tomorrow (20 December).  The high street bank says key remortgage reductions...

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Metro Bank scraps £3bn mortgage portfolio sale 

By: ameer@trustedteam.com

Metro Bank has scrapped its £3bn mortgage portfolio sale, citing market conditions.  “The board has carefully considered a potential sale of up to £3bn of residential mortgages and concluded that, given...

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Planning permissions slump 19% in Q3: Home Builders Federation  

By: ameer@trustedteam.com

New home planning permissions approved in the third quarter of the year fell by a record 19% to just under 2,450 projects compared with a year ago, data from...

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Black & White Bridging joins ASTL as member

By: ameer@trustedteam.com

Black & White Bridging has become the latest member to join the Association of Short-Term Lenders (ASTL). Established in Bath in 2013, Black & White Bridging provides unregulated bridging finance...

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The biggest housing policy initiatives for 2024

By: ameer@trustedteam.com

In keeping with the theme of policies around trading assets, another area to watch are rules that major government-related buyers of loans in the secondary market set at the...

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Planning permission tumbles 19% in Q3: Home Builders Federation  

By: ameer@trustedteam.com

New home planning permissions approved in the third quarter of the year fell by a record 19% to just under 2,450 projects compared with a year ago, data from...

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Metro Bank pulls £3bn mortgage portfolio sale 

By: ameer@trustedteam.com

Metro Bank has scrapped its £3bn mortgage portfolio sale, citing market conditions.  ...

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