‘Huge sigh of relief’: Industry reacts as BoE freezes base rate

By: ameer@trustedteam.com

Lenders and brokers have reacted to the ‘welcome news’ that the Bank of England has held the base rate today – with one describing it as a ‘small victory...

Read More

Over one in three tenants use credit to pay rent: StepChange 

By: ameer@trustedteam.com

More than one in three private tenants have used credit to pay their rent over the last year, polling from StepChange Debt Charity shows, which it says “reveals the...

Read More

Monthly mortgage repayments rise 39% in five years: Octane Capital

By: ameer@trustedteam.com

Average monthly mortgage payments have risen by 39% over the past five years, new research by specialist property lending experts Octane Capital reveals. Octane analysed the current monthly cost of...

Read More

Paradigm adds Market Harborough to lender panel

By: ameer@trustedteam.com

Paradigm has added Market Harborough Building Society to its lender panel. From today, Paradigm member firms will be able to access the society’s range of specialist mortgages for both purchase...

Read More

Accord lifts new build LTVs, relaxes contractor criteria    

By: ameer@trustedteam.com

Accord Mortgages has lifted its maximum loan-to-value on buy-to-let new-build flats, and boosted criteria for contractors.   The Yorkshire Building Society broker-only arm has raised the maximum LTV to 75%...

Read More

Molo partners with Propflo to help landlords

By: ameer@trustedteam.com

Molo Finance, the digital mortgage lender, has announced a strategic partnership with Propflo, an AI-driven proptech startup. The collaboration will offer an end-to-end solution for landlords seeking to undertake energy...

Read More

More than one in three private tenants use credit to pay rent: StepChange 

By: ameer@trustedteam.com

More than one in three private tenants have used credit to pay their rent over the last year, polling from StepChange Debt Charity shows, which it says “reveals the...

Read More

ONS shows annual UK private rental prices up 5.5%

By: ameer@trustedteam.com

Private rental prices paid by tenants in the UK rose by 5.5% in the 12 months to August 2023, up from 5.3% in the 12 months to July 2023. ...

Read More

Inflation dip eases pressure on BoE to hike rates

By: ameer@trustedteam.com

The UK’s annual inflation rate fell unexpectedly in August to 6.7%, easing some of the pressure on the Bank of England to increase interest rates. ...

Read More

Conveyancing Association launches digital services paper for buyers and sellers  

By: ameer@trustedteam.com

The Conveyancing Association has launched a paper to help firms take advantage of digital services that support home buying and selling.   ...

Read More