Purplebricks could be sold after the group warned that costs from a “turnaround plan” had proved higher than expected. In a statement released today, the UK online estate agent said...
Read MoreNatWest has made a number of cuts to its buy-to-let (BTL) and residential mortgages for both new customers and existing customers. Highlights of these changes are as follows: For new business,...
Read MoreThe number of new second charge agreements fell by 3% in December, compared to the same month the previous year, the latest figures from the Finance and Leasing Association...
Read MoreThere were 2,106 new agreements in December 2022 and despite the fall from the same month in 2021, the number of new agreements rose both on a quarterly basis...
Read MoreThe average rate for a two-year fix fell 3 basis points, to 5.33%, and the average rate for a three-year fix slipped by a single basis point, to 5.22%. Meanwhile,...
Read MoreSome experts warn that nonbank home lenders could falter as interest rates rise and the housing market slows. That could have a significant impact on Ginnie Mae, which is...
Read MoreEquity release referral relationships will be boosted by new Consumer Duty rules, which will drive customer service standards, says a report from Key Partnerships. But the survey finds that...
Read MoreThe proportion of landlords experiencing tenants in rental arrears has fallen to its lowest level since the metric was first tracked in 2017, Paragon Bank reveals, as has the...
Read MoreAverage house prices in Scotland lifted by 7% to a fresh record of £225,520 in December compared to a year ago, according to the latest Walker Fraser Steele Acadata...
Read MoreAlmost seven in 10 (68%) landlords plan to raise rents if their mortgage rate goes up when they come to remortgage, new data from the Landbay quarterly survey reveals. The...
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