Nationwide offers 95% LTV on non-new build flats

By: ameer@trustedteam.com

Nationwide Building Society will return to lending at 95% LTV on non-new build flats. ...

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The shortage of houses is hitting some people and areas harder than others

By: ameer@trustedteam.com

The supply of homes for sale in the U.S. is about half of what it was in 2019. The shortage is hitting some buyers more than others, based on income...

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Five issues to watch when Chopra goes to Congress

By: ameer@trustedteam.com

Rohit Chopra, the director of the Consumer Financial Protection Bureau, will be testifying before Congress next week on a wide range of issues from credit card late fees to...

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Home equity declines for the first time in over a decade

By: ameer@trustedteam.com

U.S. home equity declined for the first time in 11 years, but the downward trend could be short-lived, according to new data from CoreLogic.The amount of equity among homeowners...

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HSBC and Saffron withdraw mortgage deals

By: ameer@trustedteam.com

HSBC has temporarily withdrawn all residential and buy-to-let mortgage deals for new borrowers, effective immediately. The lender says the decision reflects the challenges faced by the UK lending market and...

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Crest Nicholson talks of tough times as profits slump

By: ameer@trustedteam.com

Crest Nicholson reports a 60% fall in pre-tax profits for the half year. ...

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Foundation introduces new BTL rates and fees

By: ameer@trustedteam.com

Foundation Home Loans, is adding three limited edition products to its core buy-to-let range and adding special editions to both its buy-to-let and owner-occupied offering. In its F1 tier, the...

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Legal & General Mortgage Club expands senior team

By: ameer@trustedteam.com

Legal & General Mortgage Club has expanded its leadership team, appointing Michelle Westley as propositions manager and Stephen Nobes as key relationship manager.  Westley joins from Brightstar, where she was...

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The Bank of Canada Does It Again

By: ameer@trustedteam.com

Some not-so-great news from the Bank of Canada yesterday: the target rate was raised yet again by 0.25%. This one wasn’t a complete surprise. Rates have been climbing for...

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Editor’s Note: We will ride this out

By: ameer@trustedteam.com

June is here and, looking back over May, it really was a month of two parts. We started with optimism aplenty. Bank of England (BoE) figures showed a rise in...

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