Santander: Buyers could borrow ‘thousands more’ on new builds

By: ameer@trustedteam.com

Santander UK has introduced improved affordability rates on new build properties, enabling customers buying these properties to borrow ‘thousands more’ than before.  ...

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It’s official: DOGE cuts are impacting the DC housing market

By: ameer@trustedteam.com

When Elon Musk was given control over much of the federal government staffing levels at the start of President Donald Trump’s second term, real estate professionals in Washington, D.C.,...

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Florida condo market hopes to get a boost with changes to Fannie Mae guidelines

By: ameer@trustedteam.com

“Then I did research again, and they came back, and I said, Massachusetts has the same exact language that Florida does, allowing unit owners to waive reserves on an...

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‘A remarkable human being’: Colleagues honour Andrew Moor’s legacy of leadership and innovation

By: ameer@trustedteam.com

Moor, the longest-serving bank CEO in Canada, died suddenly at the age of 65 last weekend. He’s being remembered by colleagues and friends for his leadership, mentorship and unwavering...

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As rates dip and policy shifts, is the housing market about to wake up again?

By: ameer@trustedteam.com

It’s been a strange season for the housing market, caught somewhere between post-pandemic exhaustion and pre-election caution. And yet, in the quiet shuffles of financial markets and whispered policy...

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Co-op launches Access range and details criteria tweaks

By: ameer@trustedteam.com

The Co-operative Bank for Intermediaries has launched its new Access product range and this will include some changes to criteria as well as a change to the lender’s decision...

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Halifax makes hub change for high LTV products 

By: ameer@trustedteam.com

Halifax Intermediaries has told brokers it will make changes to the way high loan-to-value mortgages should be entered on its hub from next week.   The lender says: “After Monday...

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Transactions jump by a quarter in May: HMRC  

By: ameer@trustedteam.com

Home transactions in May came in at 81,470, 25% higher than last month, but 12% lower than a year ago, according to seasonally-adjusted estimates from HMRC.    The data comes as...

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Together introduces reduced rate BTL retention product range

By: ameer@trustedteam.com

Together has lowered rates for its Buy-to-Let products for landlords switching from bridging loans to longer-term finance. The new Buy-to-Let Retention product range will see rates reduced by 25bps on...

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FCA ‘immediately’ scraps three reporting data sets  

By: ameer@trustedteam.com

The Financial Conduct Authority has “immediately” scrapped collecting three data sets, which affect mortgage brokers and other intermediaries.   The watchdog says the move is part of its wider transforming...

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