Building work jumps by a record 1.6% in June: ONS  

By: ameer@trustedteam.com

Construction work jumped by 1.6% in June to the highest level of output since records began, data from the Office for National Statistics shows.   ...

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Together reduces resi, landlord rates by up to 40bps  

By: ameer@trustedteam.com

Together has cut rates on the majority of its residential and landlord fixed-rate products by up to 40 basis points.   ...

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UK GDP growth ‘feels like recession’ to many households: Resolution Foundation

By: ameer@trustedteam.com

The UK economy grew by 0.2% in the three months to June, but some economists say that higher living costs and mortgage payments mean this “will feel like a...

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Freddie Mac releases 2023 stress test results

By: ameer@trustedteam.com

In accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act, Freddie Mac has released its 2023 Stress Test Disclosure, which reflects two hypothetical economic scenarios, including a...

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Mortgage delinquency rate falls to lowest level since 1979

By: ameer@trustedteam.com

The Mortgage Bankers Association (MBA) reported that the mortgage delinquency rate fell to its lowest level since it began tracking this metric 43 years ago, supporting claims the economy...

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Together cuts resi, BTL rates by up to 40bps  

By: ameer@trustedteam.com

Together has cut rates on the majority of its residential and landlord fixed-rate products by up to 40 basis points.   The specialist lender says, for personal finance customers, it...

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UK economy 0.2% growth ‘feels like recession’: Resolution Foundation  

By: ameer@trustedteam.com

The UK economy grew by 0.2% in the three months to June, but some economists say that higher living costs and mortgage payments mean this “will feel like a...

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Nottingham Building Society adds resi and remo products 

By: ameer@trustedteam.com

Nottingham Building Society has launched a range of residential and remortgage mortgage products.  ...

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July house price growth slowest since March 2012

By: ameer@trustedteam.com

The latest e.surv house price index for July shows annual house price growth at it’s lowest since March 2012. ...

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Quantum Mortgages cuts BTL rates by up to 110bps  

By: ameer@trustedteam.com

Quantum Mortgages has cut rates across its entire two-, five- and seven-year fixes by up to 110 basis points.   The buy-to-let lender says its reductions run across its single-unit...

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