Economic pressures restrict growth in construction industry

May 18, 2023by

Revenue generated from the construction contractor sector look set to shrink next year, despite an increase in the number...

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Halifax Intermediaries improves affordability criteria for 5-year fixes 

May 18, 2023by

Halifax Intermediaries has lifted its loan-to-value ratio from 75% to 90% to boost maximum loan amounts for purchase or remortgage...

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Clydesdale Bank withdraws 6 products at 80% LTV   

May 18, 2023by

Clydesdale Bank has withdrawn six 80% loan-to-value offers that cover exclusive remortgage deals and products for new customers.   Its...

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Sharp rise in repossession activity: MoJ

May 18, 2023by

Mortgage repossession claims increased by 40 per cent over the past year, as higher interest rates and rising living...

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Advisers concerned about negative impact of 100% mortgages

May 17, 2023by

Six out of 10 financial advisers are concerned that the re-emergence of 100% mortgages could spark a repayment crisis...

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Strike agrees to buy Purplebricks for £1

May 17, 2023by

Purplebricks is to be taken over by rival online estate agent Strike assuming its liabilities and paying a token...

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Consumers who struggle to pay bills jump to 11 million: FCA 

May 17, 2023by

The number of UK consumers who are struggling to meet bills and credit repayments has jumped 40%, or 3.1 million,...

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Strike snaps up Purplebricks for £1

May 17, 2023by

Purplebricks is to be taken over by rival online estate agent Strike assuming its liabilities and paying a token...

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Lending fraud attempts more than doubled in 2022

May 17, 2023by

There was an uptick in lending fraud last year, a study surveying over 140 small and midsize financial institutions...

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Buy-to-Let Watch: Changing of the guard

May 17, 2023by

I’m sure you’ve seen plenty of headlines over the past six months about the ‘mass exodus’ of buy-to-let (BTL)...

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