Lenders says home loan demand drops in Q4, forecast to lift in Q1: BoE  

By: ameer@trustedteam.com

Mortgage demand for home loans and remortgages fell in the final quarter of last year, but both are expected to pick up in the first three months of 2024,...

Read More

UK housing market activity on the up: Rics

By: ameer@trustedteam.com

The December 2023 RICS UK Residential Survey shows activity picking up, and an improvement on November’s figures as the trend towards lowered mortgage rates continues. ...

Read More

Real estate stocks tumble as traders reassess March rate cut bets

By: ameer@trustedteam.com

Real estate stocks were the biggest drag on the S&P 500 Index Wednesday as traders moved back their bets on an interest-rate cut. The sector, which was one of the...

Read More

Surprise inflation rise to 4% dampens hopes of spring base rate cut   

By: ameer@trustedteam.com

Inflation rose unexpectedly to 4% last month, its first rise in almost a year, which dented hopes of an early cut in interest rates by the Bank of England....

Read More

UK house prices see biggest fall since 2011

By: ameer@trustedteam.com

The average UK house price decreased by 2.1% in the 12 months to November 2023, the largest annual fall since 2011, with the average house price now £285,000 –...

Read More

Regional shift in average Scottish house price moves

By: ameer@trustedteam.com

At a national level, the picture this month shows Scotland’s average house price in November 2023 barely changed over the last year. According to the Walker Fraser Steele November House...

Read More

Skipton cuts rates on resi and track record mortgages

By: ameer@trustedteam.com

Skipton Building Society is cutting rates across its residential range for existing and new customers and on its ‘track record’ mortgage. The track record mortgage will be reduced by 0.17%,...

Read More

TSB cuts resi, BTL rates by up to 70bps  

By: ameer@trustedteam.com

TSB has cut selected rates across its residential, buy-to-let, product transfer and additional borrowing ranges by up to 70 basis points.   Highlights of the high street lender’s reductions include:...

Read More

Wales tops rental yield table: Fleet

By: ameer@trustedteam.com

The total average rental yield for England and Wales shows an annual increase again up by a smaller 0.3% % to 6.9% on the same quarter in 2022. This...

Read More

Hope Capital boosts BDM and underwriter posts  

By: ameer@trustedteam.com

Hope Capital has boosted business development and underwriting roles at the bridging firm.   Charlie Gregory has been promoted to senior business development manager from business development manager.   The lender...

Read More