Mortgage delinquency rate falls to lowest level since 1979

By: ameer@trustedteam.com

The Mortgage Bankers Association (MBA) reported that the mortgage delinquency rate fell to its lowest level since it began tracking this metric 43 years ago, supporting claims the economy...

Read More

Together cuts resi, BTL rates by up to 40bps  

By: ameer@trustedteam.com

Together has cut rates on the majority of its residential and landlord fixed-rate products by up to 40 basis points.   The specialist lender says, for personal finance customers, it...

Read More

UK economy 0.2% growth ‘feels like recession’: Resolution Foundation  

By: ameer@trustedteam.com

The UK economy grew by 0.2% in the three months to June, but some economists say that higher living costs and mortgage payments mean this “will feel like a...

Read More

Nottingham Building Society adds resi and remo products 

By: ameer@trustedteam.com

Nottingham Building Society has launched a range of residential and remortgage mortgage products.  ...

Read More

July house price growth slowest since March 2012

By: ameer@trustedteam.com

The latest e.surv house price index for July shows annual house price growth at it’s lowest since March 2012. ...

Read More

Quantum Mortgages cuts BTL rates by up to 110bps  

By: ameer@trustedteam.com

Quantum Mortgages has cut rates across its entire two-, five- and seven-year fixes by up to 110 basis points.   The buy-to-let lender says its reductions run across its single-unit...

Read More

Rics house price reading lowest since 2009

By: ameer@trustedteam.com

The latest monthly Royal Institution of Chartered Surveyors (Rics) report shows the broadest fall in UK house prices since 2009. According to Rics, the tighter lending environment continues to weigh heavily upon...

Read More

Paragon launches limited edition 5-year fixes for portfolio landlords  

By: ameer@trustedteam.com

Paragon Bank has launched a range of limited edition five-year fixes for portfolio landlords, with rates starting at 6.45% and fixed fees from £995.   The lender says the rates...

Read More

CHL Mortgages cuts entire 5-year landlord range by up to 34bps  

By: ameer@trustedteam.com

CHL Mortgages has cut rates across its entire five-year fixed landlord range by up to 34 basis points, with rates starting at 5.94%.   The buy-to-let specialist has also expanded...

Read More

Rise in mortgage arrears for Q2 2023: UK Finance

By: ameer@trustedteam.com

UK Finance’s latest arrears and possessions data for second quarter 2023 reveals there were 81,900 homeowner mortgages in arrears of 2.5% or more of the outstanding balance in the...

Read More