TAB hires BDM and underwriter to boost northern footprint 

By: ameer@trustedteam.com

TAB has hired a senior business development manager and a commercial underwriter to boost the property finance firm’s footprint outside London and the M25.  Martyn Evans (pictured) joins as senior...

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Builders enjoy a world of sub-6% mortgage rates

By: ameer@trustedteam.com

While existing homebuyers have been battling high mortgage rates for months — which are now at 8% — the builders are wooing buyers with lower rates and incentives. Today,...

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Challenges aside, mortgage leaders see benefits in offering SPCPs

By: ameer@trustedteam.com

While lack of affordability still plagues the housing market, mortgage and housing leaders are looking for ways to address racial wealth disparities; special-purpose credit programs are often touted as...

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Third of BTL landlords looking to expand portfolios

By: ameer@trustedteam.com

Three in 10 (32%) buy-to-let landlords intend to buy property in the next 12 months. This is according to Landbay’s latest survey which also revealed that almost four out of...

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YBS Commercial Mortgages hires two South East relationship directors   

By: ameer@trustedteam.com

YBS Commercial Mortgages has recruited two new relationship directors who join its South East team as the unit completes its recruitment drive.    Yorkshire Building Society’s commercial loans operation says...

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House prices to fall by 4% in last quarter of 2023

By: ameer@trustedteam.com

House prices in England and Wales look set to fall by 4% over the final quarter of 2023, according to the latest conveyancing data.  Analysis of over 221,000 agreed sale...

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YBS Commercial Mortgages appoints two South East relationship directors   

By: ameer@trustedteam.com

YBS Commercial Mortgages has recruited two new relationship directors who join its South East team as the unit completes its recruitment drive.    ...

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Bank of England set for extended period of rate holds

By: ameer@trustedteam.com

Analysts expect the Bank of England to keep interest rates at 5.25% next week, as the pause in rate rises shifts into a longer interlude of rates kept on...

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Hodge cuts rates on RIO mortgages

By: ameer@trustedteam.com

Specialist lender Hodge has cut the rates on its retirement interest-only (RIO) mortgage range by up to 40bps.  Its two year fixed rate mortgages, at 75% LTV have both been...

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Leeds Building Society cuts landlord rates by up to 15bps  

By: ameer@trustedteam.com

Leeds Building Society has cut rates across its buy-to-let mortgage range, including portfolio loans, by up to 15 basis points.   Highlights among the mutual’s reductions include:    BTL two-year fixed-rate...

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