Construction work falls 0.2% in May: ONS   

July 13, 2023by

UK Construction work fell by 0.2% in May compared to the month before, data from the Office for National...

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Development finance costs static despite rate rises

July 13, 2023by

Industry analysis by debt advisory specialists Sirius Property Finance reveals the cost of development finance has increased by just...

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Barratt numbers further evidence of housebuilding slowdown

July 13, 2023by

The UK’s largest housebuilder, Barratt Developments, has seen a significant fall in profits as rising interest rates and the end...

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Borrowers would run with the bulls to escape their debt, survey finds

July 13, 2023by

Eleven percent of Americans would run with the bulls to get out of their debt, a survey by Beyond...

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Florida, Illinois add remote work legislation for originators

July 12, 2023by

Florida, Illinois and Nevada recently enacted legislation that will clarify and open up work-from-home opportunities for mortgage loan officers,...

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Top-performing UMortgage branch breaks away to start its own shop

July 12, 2023by

Separation of a small team from the general department. Start your own business with colleagues. Partnership and collaboration. Dump...

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UK banks able to withstand severe economic shock

July 12, 2023by

UK banks have sufficient reserves to withstand an extreme economic shock, that is more severe than the 2007-08 financial...

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Second charge loans fall by 11% in May: FLA 

July 12, 2023by

Second charge new business loans fell by 11% to £120m in May, compared to the same period year ago,...

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Imla and Ami publish lender funding Q&A guide  

July 12, 2023by

Imla and Ami have published a joint online guide to lender funding for mortgage professionals, due to “recent and...

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BoE: UK banks pass latest stress tests

July 12, 2023by

Stress testing has shown UK banks would remain resilient even if current economic conditions deteriorated, and there was a...

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