Broker Focus: Louise McCaffery, team manager, The Mortgage Adviser Scotland

By: ameer@trustedteam.com

Describe your firm in a few sentences The Mortgage Adviser Scotland is a team of talented mortgage advisers based in Hamilton, with a wealth of knowledge and experience. We are transparent...

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Furness launches holiday let range from 5.93%  

By: ameer@trustedteam.com

Furness Building Society has launched two holiday let loans for properties across England, Scotland and Wales.   The mutual says its new two-year fixed-rate products include a 5.99% up to...

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Govt schemes used for almost half of FTB purchases

By: ameer@trustedteam.com

Almost half (45%) of first-time buyers purchased their property with help from a government scheme. ...

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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,...

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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. ...

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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...

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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....

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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 –...

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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...

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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%,...

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