HPI shows further price fall but sector sees positives

By: ameer@trustedteam.com

UK house prices fell last month at the fastest annual pace since June 2011, the latest Halifax Price Index reveals this morning. ...

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Dudley BS reports 58% increase in new mortgage lending

By: ameer@trustedteam.com

Dudley Building Society has reported 58% increase in new mortgage lending following a year of growth across the business. ...

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Housebuilder MJ Gleeson sees home sales fall 14%  

By: ameer@trustedteam.com

Housebuilder MJ Gleeson said it sold 1,723 homes over the last year, a 13.8% fall on the previous 12 months, “reflecting the downturn in the wider economy and the...

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HSBC withdraws new customer resi range

By: ameer@trustedteam.com

HSBC will halt new residential applications through brokers at 5pm today (7 July).   ...

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“Foreclosure” shouldn’t be a dirty word

By: ameer@trustedteam.com

We're all aware of the stories in the mainstream media about the instances of unconscionable behavior exhibited by rogue servicers, lenders, brokers or service providers during the foreclosure process....

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Homeowners overestimating costs of energy improvements – Barclays

By: ameer@trustedteam.com

Barclays is extending its Greener Home Reward Scheme after a study revealed many people overestimate the cost of making energy efficient upgrades to their homes. Misconceptions around the cost and...

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US and UK homebuyers feeling similar pain

By: ameer@trustedteam.com

Homebuyers and owners in the US are experiencing similar pressures to their counterparts in the UK. Figures this week show the 30-year fixed rate mortgage rose to 7.22% compared to...

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Housebuilding work suffers fastest fall in three years: PMI

By: ameer@trustedteam.com

UK housebuilding suffered its steepest fall in three years, June construction data shows, as rising borrowing costs hit demand. ...

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Market Harborough Building Society debuts large loan range 

By: ameer@trustedteam.com

Market Harborough Building Society has launched a range of larger home loans that range up to £3.5m.  ...

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Acra Lending receives “good origination quality” assessment from DBRS

By: ameer@trustedteam.com

Acra Lending has been assigned the RO2 residential mortgage originator ranking by DBRS, which affirms the company’s “good origination quality.” DBRS confirmed its “RO2” evaluation of the privately held lender,...

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