Property sales up in July, but down 16% year-on-year

By: ameer@trustedteam.com

The number of properties sold in the UK rose by 1% in July – but are still 16% lower than the same time last year. HMRC’s property transactions data for...

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MPC must ‘see job on inflation through’: BoE chief economist 

By: ameer@trustedteam.com

The Bank of England must “see the job through” on bringing down UK inflation, despite the risk of “inflicting unnecessary damage on employment and growth,” said the bank’s chief...

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L&G Mortgage Club adds Market Harborough BS to lending panel 

By: ameer@trustedteam.com

Legal & General Mortgage Club has added Market Harborough Building Society to its lending panel, giving its members access to the mutual’s specialist product range.  The building society offers a variety of home...

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Market Harborough BS joins L&G Mortgage Club lending panel 

By: ameer@trustedteam.com

Legal & General Mortgage Club has added Market Harborough Building Society to its lending panel, giving its members access to the mutual’s specialist product range.  ...

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Bank of England must ‘see through job on inflation’: Chief economist 

By: ameer@trustedteam.com

The Bank of England must “see the job through” on bringing down UK inflation, despite the risk of “inflicting unnecessary damage on employment and growth,” said the bank’s chief...

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Huge surge in borrowers searching ‘when will mortgage rates drop?’

By: ameer@trustedteam.com

Searches for the term ‘when will mortgage rates drop’ jumped from next to nothing twelve months ago to nearly 7,000 in June and July. ...

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Mortgage rate trend continues downward: Rightmove

By: ameer@trustedteam.com

It’s been another week of relative stability in the mortgage market, with average rates dropping at the same pace as last week and continuing to slowly head downwards for...

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Lenders have ‘moral obligation’ to keep tenants in their homes

By: ameer@trustedteam.com

Lenders have a “moral obligation” to keep tenants in their homes as more landlords face repossession for arrears, according to the chief executive of Generation Rent. Ben Twomey has penned...

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Mortgage Metrics launches to monitor changing rates for brokers  

By: ameer@trustedteam.com

A new rate monitoring tool for brokers has been launched by two mortgage professionals that they say will save intermediaries “a significant amount of time every day”.   Mortgage Metrics...

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