Leeds BS introduces BTL range for Ltd landlords

By: ameer@trustedteam.com

Leeds Building Society is launching a new range of buy to let mortgages for landlords operating as a limited company. The new range is intended to complement Leeds Building Society’s...

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Lenders cut loan sizes by almost 20%: MBT 

By: ameer@trustedteam.com

Mortgage lenders have cut the loan size they offer to customers by almost a fifth, according to Mortgage Broker Tools, reflecting a “softening in mortgage availability over recent months”.  The...

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Market Watch: Bombarded and nearly broken

By: ameer@trustedteam.com

Battered, bruised, bewildered, bloodied and bowed by the blistering barrage of rate changes — that’s the only way to start this month’s column. As brokers we take a lot —...

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Atom cuts small business lending rates, raises proc fees  

By: ameer@trustedteam.com

Atom bank has cut rates on its recovery loan scheme and standard secured loans for small businesses, while lifting procuration fees for brokers. ...

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Suffolk BS and MHBS lift home loan rates

By: ameer@trustedteam.com

Suffolk Building Society has launched new residential and landlord home loans today (10 July) up to 34 basis points higher than late last week when it pulled selected mortgages....

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UK house price growth continues to slow: e.surv

By: ameer@trustedteam.com

On an annual basis, the average sale price of completed home transactions in England and Wales in June 2023 rose by £4,500, or 1.2%, and now stands at £371,204. ...

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BTL arrears rise 42% as landlords feel pinch

By: ameer@trustedteam.com

Landlords are feeling the pinch of successive rate hikes, the latest research by specialist property lending experts Octane Capital reveals. ...

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Two-year mortgage rates hit 15-year high: Moneyfacts  

By: ameer@trustedteam.com

The average two-year fixed-rate residential mortgage hit 6.66% this morning, pushing it above the level at the peak of the mini-Budget in October to a 15-year high.   ...

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Lender loan sizes contract by almost 20%: MBT 

By: ameer@trustedteam.com

Mortgage lenders have cut the loan size they offer to customers by almost a fifth, according to Mortgage Broker Tools, reflecting a “softening in mortgage availability over recent months”.  ...

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Cornerstone Tax cuts homebuyer stamp duty bills by £30m   

By: ameer@trustedteam.com

Advisor Cornerstone Tax says it has returned £30m of reclaimed stamp duty fees to clients over the past three years, by avoiding or rectifying overpayments.   The firm adds that...

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